EF9-20 (book/static) Cispy Fried Chicken bought on January 2 2024. for 33.000. The equipment was expected to remain in service for four years and topeste for 6.750 hours Al the end of the Choy its residual vase will be 56.000. The wpment operated for 675 hours the first yea2025 hours the second year yo hours the year, and 30 hours the fourth year Read the woments Requirement 1. Prepare a schedule of deprecation expense accumulated depen, and book per year for the equipment under the tree methoden, production and double declining balance. Show your computations. Note Three depreciation schedule must be pred Begin by preparing a depreciation schedule using the straight line method Straighinn Depreciation Schedule Depreciation for the Year Depreciable Depreciation Accumulated Boch Data Cost Uite Expense Depreciation Value 12.3024 12.11.2024 12-31 2035 12312026 1201 2027 Cost Choose from any stor enter any number in the input ids and men ack Check Answer CH Clear 351 alpment on January 2, 2024, for $33,000. The equipment was expected to remain in service for four years and to operate for 6.750 hours. At the end of the The equipment operated for 675 hours the first year, 2,025 hours the second year, 2,700 hours the third year, and 1,350 hours the fourth year, Hule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods straight-line, your computations. Note: Three depreciation schedules must be prepared. schedule using the straight-line med nedule * Requirements Depreciation for the Yea preciable Useful 1. Prepare a schedule of depreciation expense, accumulated depreciation, and Cost Life book value per year for the equipment under the three depreciation methods straight-line, units-of-production, and double-declining-balance. Show your computations. Note: Three depreciation schedules must be prepared 2. Which method tracks the wear and tear on the equipment most closely? Print Done y number in the input fields and then click Check