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E8-9 Computing Depreciation under Alternative Methods LO8-3 Shining Cookie Company, Inc., in Murfreesboro, TN bought a new ice cream maker at the beginning of the
E8-9 Computing Depreciation under Alternative Methods LO8-3 Shining Cookie Company, Inc., in Murfreesboro, TN bought a new ice cream maker at the beginning of the year at a cost of $10,000. The estimated useful life was four years, and the residual value was $900. Assume that the estimated productive life of the machine was 9,100 hours. Actual annual usage was 3,640 hours in year 1; 2,730 hours in year 2; 1,820 hours in year 3; and 910 hours in year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. (Do not round intermediate calculations.) a. Straight-line. Year Year Net Depreciatio Accumulated Expense Depreciation Value Depre acquisition b. Units-of-production (use four decimal places for the per unit output factor). Year Depreciationccumulated Net * Book Expense Depreciation acquisition c. Double-declining-balance. Net Depreciatio Accumulated Year Expense Depreciation Value At acquisition
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