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Cracking Fried Chicken bought equipment on January 2, 2004, for $30,000. The equipment was expected to remain in service for four years and to
Cracking Fried Chicken bought equipment on January 2, 2004, for $30,000. The equipment was expected to remain in service for four years and to operate for 6,600 hours At the and of the men's Cracking th residual value will be $6,000. The equipment opensted for 660 hours the first year, 1.000 hours the second year 2.640 hours the third year and 1,320 hours the fourth year Requirement 1. Prepare a schedule of depreciation expense accumulated depreciation and book value per year for the equipment under the three decision methods straight line, unte Begin by preparing a depreciation schedule using the g SghLine Deprec Date 10-3024 Asset Cost Depreciable Cost Depreciation for the Year Useful Depreciation Asulated Book Depreciation 1231-2004 1331-3025 13-35-2026 12313027 ningence Show
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