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Depreciation by Three Methods; partial years Perdue Compant Purchased equipment on April 1 for $39,600. The equipment was ecpected to have a useful life of
Depreciation by Three Methods; partial years Perdue Compant Purchased equipment on April 1 for $39,600. The equipment was ecpected to have a useful life of three years, or 5,400 operating hours, and a residual value of $1,800. The equipment was used for 1,000 hours during year 1, 1,900 hours in year 2, 1,600 hours in year 3, and 900 hours in year 4 Required: Determine the amount of depreciation expense for the years ended December 31, year 1m year 2, and year 3, and year 4, by (a) the straight-line-method,m (b) the units-of-activity method, (c) double-declining-balance method. Round all final valuse to the nearest whole dollar was used for 1,000 hours during Year 1, 1,900 houn in Year 2, 1,600 hours in Year 3, and 900 hours in Year 4. Mequired: Socinioy-balanoe method, Notei Round all final values for each depreciation method and each year to the nearest whole dollar. a. Straight-line method b. Units-of-activity method c. Double-declining-balance method
Perdue Compant Purchased equipment on April 1 for $39,600. The equipment was ecpected to have a useful life of three years, or 5,400 operating hours, and a residual value of $1,800. The equipment was used for 1,000 hours during year 1, 1,900 hours in year 2, 1,600 hours in year 3, and 900 hours in year 4
Required:
Determine the amount of depreciation expense for the years ended December 31, year 1m year 2, and year 3, and year 4, by (a) the straight-line-method,m (b) the units-of-activity method, (c) double-declining-balance method. Round all final valuse to the nearest whole dollar
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