Exercise 11-6

Skysong Company purchased equipment for $248,240on October 1, 2017. It is estimated that the equipment will have a useful life of8years and a salvage value of $13,920. Estimated production is40,400units and estimated working hours are20,000. During 2017, Skysong uses the equipment for530hours and the equipment produces1,100units.

Compute depreciation expense under each of the following methods. Skysong is on a calendar-year basis ending December 31.

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