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do all of the parts please! More Info On January 4, 2018, Yang Enterprises, Inc., paid $284,700 for equipment used in manufacturing automotive supplies. In

image text in transcribedimage text in transcribeddo all of the parts please!

More Info On January 4, 2018, Yang Enterprises, Inc., paid $284,700 for equipment used in manufacturing automotive supplies. In addition to the basic purchase price, the company paid $600 for transportation charges, $200 for insurance for the equipment while in transit, $11,500 sales tax, and $3,000 for a special platform on which to place the equipment in the plant. Management of Yang Enterprises, Inc., estimates that the equipment will remain in service for five years and have a residual value of $25,000. The equipment will produce 65,000 units the first year, with annual production decreasing by 5,000 units during each of the next four years (i.e., 60,000 units in year 2; 55,000 units in year 3; and so on, for a total of 275,000 units). In trying to decide which depreciation method to use, Yang Enterprises, Inc., requested a depreciation schedule for each of the three depreciation methods (straight-line, units of production, and double-declining balance). Complete the Straight-Line Depreciation Schedule. Begin by filling out the schedule through 2019, and then omplete the schedule by entering the amounts through 2022. Straight-Line Depreciation Schedule Depreciation Depreciable Depreciation Accumulated Asset Rate Cost Expense Depreciation Book Value $ 300,000 Date Asset Cost January 4, 2018 $ 300,000 December 31, 2018 1/5 $ 275,000 $ 55,000 $ 55,000 December 31, 2019 1/5 275,000 55,000 110,000

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