Ect& 202 - Diaz - Summer 2020 omework: Chapter 10 Homework 11 of 28 more: 10.77 of 15 pts E10-20 (book/static) Crispy Fried Chicken bought equipment on January 2, 2018, for $33,000. The equipment was expected to remain in service for four years and to operate for ear, 2,025 hours the second year, 2.700 hours the third year, and 1,350 hours the fourth year. Read the requirements Prepare a depreciation schedule using the units-of-production method. Units-of-Production Depreciation Schedule Depreciation for the Year Asset Depreciation Number of Depreciation Accumulated Book Date Cost Per Unit Units Expense Depreciation Value 1-2-2018 5 33,000 $ 33,000 12-31-2018 $ 4 x $ 2,700$ 2,700 30,300 12-31-2019 4 x 8,100 10.800 22 200 12-31-2020 2.700 = 10.800 21,600 11,400 12 31-2021 4 X 1,350 = 5,400 27,000 6.000 675 - 2025 = Prepare a depreciation schedule using the double declining balance (DDB) method. (Enter a "0" for any items with a zero value) Double-Declining-Balance Depreciation Schedule Depreciation for the Year Asset Book DDB Depreciation Accumulated Date Cost Value Rate Expense Depreciation 1-2-2018 $ 33,000 12-31-2018 $ 33,000 x 2 x (1/4) = $ 16,500 5 16,500 12-31-2019 15,500 x 2 x (1/4) 8.250 24.750 12-31-2020 8.250 8250 28875 12-31-2021 -1875 27.000 $ Book Value 33.000 16,500 8.250 4125 6,000 Choose from any list or enter any number in the input fields and then click Check Answer 1 part remaining Clear All Type here to search O e