Cracking Fried Chicken bought equipment on January 2 2018 for $42.000. The equipment was expected to remain in service for four years and operate for 9.000 hours Al the end of the equipment's useful Me, Cracking estimates that its residual value will be 56 000 The equipment operated for 900 hours the first year 2.700 hours the second ye 3600 hours the tr a nd 1.800 hours the fourth year Read the requirements Requirement 1. Prepare a schedule of depreciation expense, accumulated depreciation and book value per year for the women under the three depreciation methods schedu e units of production and double declining balance Show your computations Note Three decat and Begin by preparing a depreciation schedule using the straight in method Straight Line Depreciation Schedule Depreciation for the Year Depreciation Accuted Asset Depreciable Expense | Depreciation Date Cost 1-2-2018 12-31-2018 Choose from any ist or enter any number in the mouthers and men continue to be hest ouesson. Cracking Fried Chicken bought equipment on January 2, 2018, for $12,000. The equipment was expected to remain in service for four years an equipment's useful life, Crackling estimates that its residual value will be 56,000. The equipment operated for 900 hours the first year, 2,700 hou 1,800 hours the fourth year. Read the requirements Book Asset Cost Depreciation for the Year Depreciable Useful Depreciation Accumulated Cost Life Expense Depreciation Value Date 1-2-2018 12-31-2018 12-31-2019 12-31-2020 12-31-2021 Before calculating the units of production depreciation schedule, calculate the depreciation expense per unit. Select the formula, then enter th ner unit Choose from any list or enter any number in the input fields and then continue to the next question Before calculating the units-of-production depreciation schedule, calculate the depreciation expense per unit. Select the formula, then enter the amounts and calculate the depreciation expense per unit ) Depreciation per unit Prepare a depreciation schedule using the units-of-production method Units-of-Production Depreciation Schedule Depreciation for the Year Choose from any list or enter any number in the input fields and then continue to the next question DOLL Read the requirements "Prepare a depreciation schedule using the units-of-progucnon menoa Units-of-Production Depreciation Schedule Depreciation for the Year Asset Depreciation Number of Depreciation Date Cost Per Unit Units Expense 1-2-2018 12-31-2018 12-31-2019 12-31-2020 17.11.2013 Accumulated Depreciation Book Value Choose from any list or enter any number in the input fields and then continue to the next question Read the requirements $ items with a zero value) Prepare a depreciation schedule using the double-declining-balance (DDB) method (Enter a Double-Declining-Balance Depreciation Schedule Depreciation for the Year Asset Book DDB Depreciation Accumulated Cost Value Rate Expense Book Value Date Depreciation 1-2-2018 12-31-2018 12-31-2019 1,800 hours the fourth year. DDB Book Value Depreciation Expense Accumulated Depreciation Book Value Read the requirements Asset Date Cost 1-2-2018 12-31-2018 12-31-2019 12-31-2020 12-31-2021 XL Requirement 2. Which method tracks the wear and tear on the equipment most closely?! The method tracks wear and tear most closely Choose from any list or enter any number in the input fields and then continue to the next