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for Straight Line my 2022 and 2023 are the correct amounts and for Double Diminishing Balance they are all wrong Current Attempt in Progress On

for Straight Line my 2022 and 2023 are the correct amounts
and for Double Diminishing Balance they are all wrong image text in transcribed
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Current Attempt in Progress On April 22,2020, Crane Enterprises purchased equipment for $144,900. The company expects to use the equipment for 11,000 working hours during its 4-year life and that it will have a residual value of $14,000. Crane has a December 31 year end and pro- rates depreciation to the nearest month. The actual machine usage was: 1,500 hours in 2020:2.600 hours in 2021: 3.500 hours in 2022:2.800 hours in 2023; and 800 hours in 2024 Your answer is partially correct. Calculate depreciation expense for the life of the asset under straight-line method (Round answers to decimal places, eg, 5,276.) Depreciation Expense $ 24,544 2020 2021 s 32.725 2022 $ 32,725 2023 $ 32.725 2024 $ 8,181 e Textbook and Media e Textbook and Media Your answer is incorrect Calculate depreciation expense for the life of the asset under double diminishing-balance method (Round answers to decimal places, es. 5.276) Depreciation Expense 2020 $ 36,225 2021 $ 54,338 2022 $ 27.169 2023 $ 13,169 e Textbook and Media G o 3 SUS

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