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Depreciation schedule mainly At the beginning of 2020. your company buys a $30,000 plece of equipment that it expects to use for 4 years. The

Depreciation schedule mainly
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At the beginning of 2020. your company buys a $30,000 plece of equipment that it expects to use for 4 years. The equipment ha an estimated residual value of 2,000. The company expects to produce a total of 200,000 units. Actual production is as follows 49,000 units in 2020, 53,000 units in 2021, 55,000 units in 2022, and 43,000 units in 2023 Required: a. Determine the depreciable cost b. Calculate the depreciation expense per year under the straight-line method. c. Use the straight-line method to prepare a depreciation schedule d. Calculate the depreciation rate per unit under the units-of-production method, e. Use the units-of-production method to prepare a depreciation schedule Complete this question by entering your answers in the tabs below. Required A Required B Required c Required D Required E Use the units-of-production method to prepare a depreciation schedule. (Do not round your Depreciation rate per unit.) Depreciation Accumulated Net Book Year Expense Depreciation Value Acquisition Cost 2020 2021

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