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Calculate depreciation for 2021 and 2022 using each of the following methods: 1. Straight Line 2. Doble-declining balance 3. Units of production ( units produced
Calculate depreciation for 2021 and 2022 using each of the following methods:
QUESTION 4 On January 1, 2021, the Allegheny Corporation purchased equipment for $115,000 The estimate service of the equipment is 10 years and the estimate residual value is $5,000. The equipment is expected to produce 220.000 units during its life Required: Calculate depreciation for 2021 and 2022 using each of the following methods 1 Straight line 2. Double-declining balance 3. Units of production (units produced in 2021.30,000 units produce in 2022 25.000) 1. Straight Line
2. Doble-declining balance
3. Units of production ( units produced in 2021, 30,000: units produce in 2022, 25,000)
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