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E8-9 (Algo) Computing Depreciation under Alternative Methods L08-3 Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat,
E8-9 (Algo) Computing Depreciation under Alternative Methods L08-3 Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $28,000. The estimated useful life was four years, and the residual value was $2,560. Assume that the estimated productive life of the machine was 10,600 hours. Actual annual usage was 4,240 hours in Year 3180 hours in Year 2:2120 hours in Year 3 and 1,060 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight line b. Units of production c. Double-declining balance Complete this question by entering your answers in the tabs below. RA Rec Complete a depreciation schedule using the Straight line method. Do not round intermediate calatons.) Reg 1 We here to seard
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