Estimated Useful Life of Purchase Price & Estimated Salvage

Assets

Value

Actual & Estimated Units$-$of$-$ProductionThe company founder hires us as consultants and asks that we oversee the accounting for new equipment purchased on January $1.$ The founder wants to know the implications of different depreciation methods and estimates for the company$$s financial statements. Those statements will be used to attract financing from new investors and creditors. At the end of the equipment$$s first year in operation, we are given the following Tableau Dashboard.