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Dexter industries purchased packaging equipment on January 8 for $72,000. The equipment was expected to have a useful life of three years, or 18,000 operating
Dexter industries purchased packaging equipment on January 8 for $72,000. The equipment was expected to have a useful life of three years, or 18,000 operating hours, and a cesibual value of 54,500 . The equipment was used for 7,600 hours during Year 1, 6,000 nours in Year 2, and 4,400 hours in Year 3. Required: each method. (Note For DECLINING BALANCE ONLY, round the mutfolier to five docima placos. Then round the answer for each year to the nearest whole dolar.) 2. What method ylelds the nighest depreclation expense for hay it? 3. What method yilds the most depreciation over the three-year life of the equpment? five decimal places. Then round the answer for each year to the neavest whove dollar.) \begin{tabular}{|c|c|c|c|c|} \hline & & \multicolumn{2}{|c|}{ Depreciation Expense } & Score: 0/45 \\ \hline 1 & Year & \begin{tabular}{c} Straight-Line \\ Method \end{tabular} & \begin{tabular}{c} Units-of-Activity \\ Method \end{tabular} & \begin{tabular}{l} Double- \\ Declining- \\ Balance Method \end{tabular} \\ \hline 2 & Year 1 & & & \\ \hline 3 & Year 2 & & f & \\ \hline 4 & Year 3 & & 1 & \\ \hline 5 & Total & & & \\ \hline \end{tabular}
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