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can you please show how to fill out chart with: Double-declining-balance method activity based method Quick Copy purchased a new copy machine. The new machine
can you please show how to fill out chart with:
Quick Copy purchased a new copy machine. The new machine cost $106.000 including installation. The company estimates the equipment will have a residual value of $26,500. Quick Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: QUICK COPY Depreciation Schedule-Double-Declining-Balance End of Year Amounts \begin{tabular}{|c|c|c|c|} \hline Year & DepreciationExpense & AccumulatedDepreciation & Book Value \\ \hline 1 & & & \\ \hline 2 & & & \\ \hline 3 & & & \\ \hline 4 & & & \\ \hline Total & $ & & \\ \hline \end{tabular} QUICK COPY Depreciation Schedule-Activity-Based End of Year Amounts \begin{tabular}{|c|c|c|c|} \hline Year & DepreciationExpense & AccumulatedDepreciation & Book Value \\ \hline 1 & & & \\ \hline 2 & & & \\ \hline 3 & & & \\ \hline 4 & & & \\ \hline Total & $ & 0 & \\ \hline \end{tabular} Double-declining-balance method
activity based method
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