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contrast the effects of the three depreciation methods on (1) depreciation expense, (2) net income, (3) accumulated depreciation, and (4) carrying amount in each of

contrast the effects of the three depreciation methods on (1) depreciation expense, (2) net income, (3) accumulated depreciation, and (4) carrying amount in each of the following: (a) the early years of an asset's, and (b) over the total life of the asset

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it display for every sistem of depreciation

Current Attempt in Progress (a) Early years Straight-line Units-of-production Diminishing-balance (b) Total life Straight-line, units- of-production, diminishing-balance (a) Early years Straight-line Units-of-production Diminishing-balance (2) Net Income Increasing income each year because depreciation expense is lower each year Impact on income will vary with the number of units produced Constant charge (depreciation expense) to income All three result in the same total impact on net income Accumulated Depreciation (4) Carrying Amount All three result in the same ending carrying amount Declines by a higher amount in the early years Declines by a variable amount Declines by a constant amount each year

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