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Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $58,290. The equipment was expected to have a useful life of

Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $58,290. The equipment was expected to have a useful life of three and a residual value of $1,590. The equipment was used for 1,500 hours during Year 1, 2,800 hours in Year 2, 2,400 hou 4. Required: Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by units-of-activity method, and (c) the double-declining-balance method. Note: Round all values for each depreciation method and each year to the nearest whole dollar. a. Straight-line method Year Year 1 Year 2 Year 3 Year 4 b. Units-of-activity method Year Year 1 Year 2 Year 3 Year 4 Year Year 1 ta Year 2 c. Double-declining-balance method Year? Amount 100 Amount Amount
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Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $58,290. The equipment was expected to have a useful life of three and a residual value of $1,590. The equipment was used for 1,500 hours during Year 1, 2,800 hours in Year 2, 2,400 hou 4. Required: Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by units-of-activity method, and (c) the double-declining-balance method. Note: Round all 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 Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $58,290. The equipment was expected to have a useful life of three and a residual value of $1,590. The equipment was used for 1,500 hours during Year 1, 2,800 hours in Year 2, 2,400 hou 4. Required: Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by units-of-activity method, and (c) the double-declining-balance method. Note: Round all 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

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