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help Depreciation by Three Methods: Partial Years Perdue Company purchased equipment on April 1 for $46,710. The equipment was expected to have a useful We
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Depreciation by Three Methods: Partial Years Perdue Company purchased equipment on April 1 for $46,710. The equipment was expected to have a useful We of three years, or 4,320 operating hours, and a residual value of 51,350. The equipment was used for 800 hours during Year 1, 1,500 hours in Year 2, 1,300 hours in Year 3, and 720 hours in Year 4. Required: Determine the amount of depreciation experise for the years ended December 31, Year 1, Year 2 Year 3, and Year 4, by the straight line method, 0) units of activity method, and (c) the double dedining balance method Note: TOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar 8. Straight line method Year Amount Year 1 Year 2 Year Year 4 b. Unuts of activity method Year Amount Year i lll Year 2 Years Year 4 a. Straight-line method Year Amount Year 1 Year 2 Year 3 $ Year 4 b. Units-of-activity method Year Amount Year 1 Year 2 Year 3 Year 4 C. Double-declining-balance method Year Amount Year 1 Year 2 Year 3 $ $ Year 4
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