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Crackling Chicken bought equipment on January 2, 2018, for $36,000. The equipment was expected to remain in service for four years and to operate for

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Crackling Chicken bought equipment on January 2, 2018, for $36,000. The equipment was expected to remain in service for four years and to operate for 10,000 hours. At the end of the equipment's useful life, Crackling estimates that its residual value will be $6,000. The equipment operated for 1,000 hours the first year, 3,000 hours the second year, 4,000 hours the third year, and 2,000 hours the fourth year. Required Before calculating the units of production amortization schedule, calculate the amortization expense per unit. Select the formula, and then enter the amounts and calculate the amortization expense per unit. Amortization per unit ) ) Prepare an amortization schedule using the units of production method Units-of-Production Amortization Schedule Asset Amortization for the Year Amortization Number of Amortization Accumulated Per Unit Units Expense Amortization Book Date Cost Value 1-2-2018 12-31-2018 12-31-2019 12-31-2020 12-31-2021 X

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