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Delicious Fried Chicken bought equipment on January 2, 2018, for $18,000. The equipment was expected to remain in service for four years and to operate

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Delicious Fried Chicken bought equipment on January 2, 2018, for $18,000. The equipment was expected to remain in service for four years and to operate for 3,000 hours. At the end of the equipment's useful life, Delicious estimates that its residual value will be $3,000. The equipment operated for 300 hours the first year, 900 hours the second year, 1,200 hours the third year, and 600 hours the fourth year. Read the requirements. Straight-Line Depreciation Schedule Depreciation for the Year Asset Depreciable Useful Depreciation Accumulated Book Date Cost Cost Life Expense Depreciation Value 1-2-2018 18000 18000 12-31-2018 15000 / 2 x (1/4) 3750 3750 14250 12-31-2019 15000 / 2 x (174) 3750 7500 10500 15000/ 12-31-2020 2 x (1/4) 3750 11250 6750 12-31-2021 15000 / 2 x (1/4) 3750 15000 3000 H 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 >7 Prepare a depreciation schedule using the units-of-production method. 3,750 ual... Delicious Fried Chicken bought equipment on January 2, 2018, for $18,000. The equipment was expected to remain in service for four years and to operate for 3,000 hours. At the end of the equipment's useful life, Delicious estimates that its residual value will be $3,000. The equipment operated for 300 hours the first year, 900 hours the second year, 1,200 hours the third year, and 600 hours the fourth year. Read the requirements Prepare a depreciation schedule using the units-of-production method. Units-of-Production Depreciation Schedule Depreciation for the Year Asset Depreciation Number of Depreciation Accumulated Book Date Cost Per Unit Units Expense Depreciation Value 1-2-2018 6, 12-31-2018 12-31-2019 X 12-31-2020 le 12-31-2021 at I... Prepare a depreciation schedule using the double-declining-balance (DDB) method. (Enter a "O" for any items with a zero value.) Book Double-Declining-Balance Depreciation Schedule Depreciation for the Year Asset Book DDB Depreciation Accumulated Date Cost Value Rate Expense Depreciation 1-2-2018 12-31-2018 Value 12-31-2019 12-31-2020 2 12-31-2021 Requirement 2. Which method tracks the wear and tear on the equipment most closely? The method tracks wear and tear most closely

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