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Exercise 9.4 (Algo) Depreciation Methods (LO9-3) On January 2, 2021, Jatson Corporation acquired a new machine with an estimated useful life of five years. The
Exercise 9.4 (Algo) Depreciation Methods (LO9-3) On January 2, 2021, Jatson Corporation acquired a new machine with an estimated useful life of five years. The cost of the equipment was $60,000 with an estimated residual value of $6,000. a-1. Prepare a complete depreciation table under the straight-line method. Assume that a full year of depreciation was taken in 2021. a-2. Prepare a complete depreciation table under the 200 percent declining balance method. Assume that a full year of depreciation was taken in 2021. a-3. Prepare a complete depreciation table under the 150 percent declining-balance with a switch to straight-line when it will maximize depreciation expense. Assume that a full year of depreciation was taken in 2021. Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Reg A3 Prepare a complete depreciation table under the straight-line method. Assume that a full year of depreciation was taken in 2021. Year Depreciation Accumulated Expense Depreciation Book Value 2021 2022 2023 2024 2025 Exercise 9.4 (Algo) Depreciation Methods (LO9-3) On January 2, 2021, Jatson Corporation acquired a new machine with an estimated useful life of five years. The cost of the equipment was $60,000 with an estimated residual value of $6,000. a-1. Prepare a complete depreciation table under the straight-line method. Assume that a full year of depreciation was taken in 2021. a-2. Prepare a complete depreciation table under the 200 percent declining-balance method. Assume that a full year of depreciation was taken in 2021. a-3. Prepare a complete depreciation table under the 150 percent declining-balance with a switch to straight-line when it will maximize depreciation expense. Assume that a full year of depreciation was taken in 2021. Complete this question by entering your answers in the tabs below. Reg A1 Req A2 Req A3 Prepare a complete depreciation table under the 200 percent declining-balance method. Assume that a full year of depreciation was taken in 2021. (Round your final answers to the nearest whole number.) Year Depreciation Accumulated Expense Depreciation Book Value 2021 2022 2023 2024 2025 Exercise 9.4 (Algo) Depreciation Methods (LO9-3) On January 2, 2021, Jatson Corporation acquired a new machine with an estimated useful life of five years. The cost of the equipment was $60,000 with an estimated residual value of $6,000. a-1. Prepare a complete depreciation table under the straight-line method. Assume that a full year of depreciation was taken in 2021. a-2. Prepare a complete depreciation table under the 200 percent declining balance method. Assume that a full year of depreciation was taken in 2021. a-3. Prepare a complete depreciation table under the 150 percent declining-balance with a switch to straight-line when it will maximize depreciation expense. Assume that a full year of depreciation was taken in 2021. Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Req A3 Prepare a complete depreciation table under the 150 percent declining-balance with a switch to straight-line when it will maximize depreciation expense. Assume that a full year of depreciation was taken in 2021. (Round your final answers to the nearest whole number.) Year Depreciation Expense Accumulated Depreciation Book Value 2021 2022 2023 2024 2025
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