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Crispy Fried Chicken bought equipment on January 2, 2018, for $33,000. The equipment was expected to remain in service for four years and to operate

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Crispy Fried Chicken bought equipment on January 2, 2018, for $33,000. The equipment was expected to remain in service for four years and to operate for 6.750 hours. At the end of the equipment's useful fe, Crispy estimates that its residual value wil be $6,000. The equipment operated for 675 hours the first year, 2.025 hours the second year 2.700 hours the third year and 1,350 hours the fourth year. Read the requirements Requirement 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods straight-ine, units-of-production, and double-declining-balance. Show your computations. Note: Three depreciation schedules must be prepared Begin by preparing a depreciation schedule using the straight-line method. Straight-Line Depreciation Schedule Depreciation for the Year Asset Depreciable Useful Depreciation Accumulate Book Date Cost Cost Expense Depreciation 1-2-2018 12-31-2018 12-31-2019 12-31-2020 12-31-2021 e n entre amounts and he depreciation Before calculating the units of production depreciation schedule, calculate the depreciation expense per unit. Select the form expense per un Prepare a depreciation schedule using the units of production method Units-of-Production Depreciation Schedule Depreciation for the Year A SUSOO WE Choose from any list or enter any number in the input fields and then continue to the next question B 888 303

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