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Depreciation Methods Scenario: Equipment cost: $50,000 Useful life: 5 years Residual value: $5,000 Tasks: Calculate depreciation using the straight-line method. Calculate depreciation using the double-declining

Depreciation Methods  

Scenario:

  • Equipment cost: $50,000
  • Useful life: 5 years
  • Residual value: $5,000

Tasks:

  1. Calculate depreciation using the straight-line method.
  2. Calculate depreciation using the double-declining balance method.
  3. Calculate depreciation using units of production method (100,000 units total, 20,000 units in the first year).


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