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Hearty Fried Chicken bought equipment on January 2, 2018 for $30,000. The equipment was expected to remain service for four years and to certe for

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Hearty Fried Chicken bought equipment on January 2, 2018 for $30,000. The equipment was expected to remain service for four years and to certe for 8.000 hours At the end of the equipment's useful life, Hearty estimates that is residual value will be $6,000. The equipment operated for 800 hours the first year 2000 hours the second year. 3.200 hours the third year, and 1.600 hours the fourth year Read the rements Straight Line Depreciation Schedule i Requirements Depreciation for the Year Depreciable Usul Depreciation Accumulated Asset Cost Date 1-2-2018 12.31.2018 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 computation Nose Three depreciation schedules must be p ar 2. Which method tracks the W a tew on the equipment most ? 12-31-2019 12-21 2020 12-31-2022 Print Done

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