ent Player Homework.aspx?homeworkld=598119993&questionid=18flushed=false&cd=65197728.centerwin =yes ACC 120-41 Summer 2021 Priya Girale 2 07/15/21 8:40 PM Homework: Chapter 9 Homework Sae Score: 0 of 21 pts 10 of 10 (9 complete) HW Score: 30% 9 of 30 pts EF9-20 (similar to) - - Southern Fried Chicken bought equipment on January 2, 2024 for $18,000 The equipment was expected to remain in service for four years and to operate for 3 750 hours. At the end of the equipments usefalie Southem estimates that its residual value will be $3,000. The equipment operated for 375 hours the first year 1.125 hours the second year, 1500 hours the third year and 750 hours the fourth year Read the requirements. Requirement 1. Prepare a schedule of depreciation expense, accumulated depreciation and 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. 0 Requirements cumulated Book Begin by preparing a depreciation schedule using the straight-line method Straight-Line Depreciation Schedule Depreciation for the Year Asse Depreciable Useful Depreciation Date Cost Cost Life Expense 1-2-2024 12-31-2024 12-31-2025 Depreciation Value 1. Prepare a schedule of depreciation expense accented deprecation and 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 scared 2. Which method tracks the wear and tear on the equipment most closely? - 12-31-2026 Print Done 12-31-2027 ? Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check ASHES 4 parts remaining 8:40 PM ser Sunny