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Crispy Fried Chicken bought equipment on January 2, 2024, 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, 2024, 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 life, Crispy estimates that its residual value will 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 Choose from any list or enter any number in the input fields and then click Check Answer och land 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods: straight-line, units-of-production, and double-declining-balance. Show your computations. Note: Three depreciation schedules must be prepared. 2. Which method tracks the wear and tear on the equipment most closely? usid Print Done in

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