Complete this question by entering your answers in the tabs below. Prepare a partial depreciation schedule of factory equipment. The company used the equipment 10,200 hours in 202, and 9,900 hours in 203. Note: Do not round intermediate calculations. The company's year ends on December 31 . Required: 1. Prepare a partial depreciation schedule of office equipment for 201,202, and 203. 1.b. Prepare o partial depreciation schedule of factory equipment. The company used the equipment for 9,000 hours in 20x1, 10,200 hours in 202, and 9,900 hours in 203. 2. On January 1, 20x4, Sanders altered its corporate strategy dramatically. The company sold the factory equipment for $625,700 in cash. Record the entry related to the sale of the factory equipment. 3. On January 1,20x4, when the company changed its corporate strategy, the demand for one of its products produced by using the patent was significantly reduced. Its patent had estimated future cash flows of $297,000 and a fair value of $276,000. What would the company report on the income statement (account and amount) regarding the patent on January 1,20x4? Complete this question by entering your answers in the tabs below. On January 1, 20x4, when the company changed its corporate strategy, the demand for one of its products produced by using the patent was significantly reduced. Its patent had estimated future cash flows of $297,000 and a fair value of $276,000. What would the company report on the income statement (account and amdunt) regarding the patent on January 1,20x4 ? company report on the income statement (account and amount) regarding the patent on J Complete this question by entering your answers in the tabs below. Prepare a partial depreciation schedule of office equipment for 201,202, and 203. Note: Do not round intermediate calculations. Detso Company purchased the following on January 1, 20x1: - Office equipment ot a cost of $48,000 with an estimated useful life to the company of three years and a residual value of $14,400. The company uses the double-declining-balance method of depreciation for the equipment. - Factory equipment at an invoice price of $739,200 plus shipping costs of $23,000. The equipment has an estimated useful life of 103,000 hours and no residual value. The company uses the units.of-production method of depreciation for the equipment. - A potent at a cost of $420,000 with an estimated useful life of 14 years. The company uses the straight-line method of amortization for intangible assets with no residual value. The companys year ends on December 31 . Required: 1.a, Prepare a partial depreciation schedule of office equipment for 201,202, and 203. 1-b. Prepare a partial depreciation schedule of factory equipment. The company used the equipment for 9,000 hours in 20x1, 10,200 hours in 202, and 9,900 hours in 203. 2. On January 1,20x4, Sanders altered its corporate strategy dramatically. The company sold the factory equipmerc for $625,700 in cast. Record the entry related to the sale of the factory equipment. 3. On January 1,20x4, when the company changed its corporate strategy, the demand for one of its products produced by using the patent was significantly reduced. Its patent had estimated future cash flows of $297,000 and a fair value of $276,000, What would the company report on the income statement (account and amount) regarding the patent on January 1,204 ? Journal entry worksheet Record the entry related to the sale of the factory equipment. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare a partial depreciation schedule of factory equipment. The company used the equipment 10,200 hours in 202, and 9,900 hours in 203. Note: Do not round intermediate calculations. The company's year ends on December 31 . Required: 1. Prepare a partial depreciation schedule of office equipment for 201,202, and 203. 1.b. Prepare o partial depreciation schedule of factory equipment. The company used the equipment for 9,000 hours in 20x1, 10,200 hours in 202, and 9,900 hours in 203. 2. On January 1, 20x4, Sanders altered its corporate strategy dramatically. The company sold the factory equipment for $625,700 in cash. Record the entry related to the sale of the factory equipment. 3. On January 1,20x4, when the company changed its corporate strategy, the demand for one of its products produced by using the patent was significantly reduced. Its patent had estimated future cash flows of $297,000 and a fair value of $276,000. What would the company report on the income statement (account and amount) regarding the patent on January 1,20x4? Complete this question by entering your answers in the tabs below. On January 1, 20x4, when the company changed its corporate strategy, the demand for one of its products produced by using the patent was significantly reduced. Its patent had estimated future cash flows of $297,000 and a fair value of $276,000. What would the company report on the income statement (account and amdunt) regarding the patent on January 1,20x4 ? company report on the income statement (account and amount) regarding the patent on J Complete this question by entering your answers in the tabs below. Prepare a partial depreciation schedule of office equipment for 201,202, and 203. Note: Do not round intermediate calculations. Detso Company purchased the following on January 1, 20x1: - Office equipment ot a cost of $48,000 with an estimated useful life to the company of three years and a residual value of $14,400. The company uses the double-declining-balance method of depreciation for the equipment. - Factory equipment at an invoice price of $739,200 plus shipping costs of $23,000. The equipment has an estimated useful life of 103,000 hours and no residual value. The company uses the units.of-production method of depreciation for the equipment. - A potent at a cost of $420,000 with an estimated useful life of 14 years. The company uses the straight-line method of amortization for intangible assets with no residual value. The companys year ends on December 31 . Required: 1.a, Prepare a partial depreciation schedule of office equipment for 201,202, and 203. 1-b. Prepare a partial depreciation schedule of factory equipment. The company used the equipment for 9,000 hours in 20x1, 10,200 hours in 202, and 9,900 hours in 203. 2. On January 1,20x4, Sanders altered its corporate strategy dramatically. The company sold the factory equipmerc for $625,700 in cast. Record the entry related to the sale of the factory equipment. 3. On January 1,20x4, when the company changed its corporate strategy, the demand for one of its products produced by using the patent was significantly reduced. Its patent had estimated future cash flows of $297,000 and a fair value of $276,000, What would the company report on the income statement (account and amount) regarding the patent on January 1,204 ? Journal entry worksheet Record the entry related to the sale of the factory equipment. Note: Enter debits before credits