help pleae

Exercise 7-14A Determine depreciation expense for a change in depreciation estimate (L07-4) The Donut Stop acquired equipment for $16,000. The company uses straight-line depreciation and estimates a residual value of $4,400 and a four-year service life. At the end of the second year, the company estimates that the equipment will be useful for four additional years, for a total service life of six years rather than the original four. At the same time, the company also changed the estimated residual value to $1,200 from the original estimate of $4,400. Required: Calculate how much The Donut Stop should record each year for depreciation in years 3 to 6. Cost of the equipment Less: Accumulated Depreciation (Years 1 and 2) Book value, end of year 2 Less: New residual value New depreciable cost Remaining service life Annual depreciation in years 3 to 6 Problem 7-4A Record expenditures after acquisition (L07-3) Several years ago, Health Services acquired a helicopter for use in emergency situations. Required: Select whether Health Services should capitalize or expense each of the following expenditures related to the helicopter delivery operations in the current year: Overhauled the engine at a cost of $7,500. Health Services estimated the work would increase the service life for an additional five years. Cleaned, repacked, and sealed the bearings on the helicopter at a cost of $800. This repair is performed annually. 3. Added new emergency health equipment to the helicopter for $25,000. 4 Modified the helicopter to reduce cabin noise by installing new sound barrier technology at a cost of $15,000. 5. Paid insurance on the helicopter for the current year, which increased 15% over the prior year to $9,000. 6. Performed annual maintenance and repairs at a cost of $39,000