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Crispy Fried Chicken bought equipmert on January 2,2024, for $33,000. The equipment was expected to remain in sorvice foc four years and to operate for

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Crispy Fried Chicken bought equipmert on January 2,2024, for $33,000. The equipment was expected to remain in sorvice foc four years and to operate for 6.750 hours. At the end of 1,350 hours the fourth year: Reod tho reauirements: Requirement 1. Prepare a schedule of depreciation expense, accumutated depreciation, and book vatue 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 schedufer must be proporod. Bogin by preparing a depreciation schedule using the straight-fine method: Requirements 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

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