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HI EXPERTS!!! COULD I PLEASE GET SOME HELP ON THIS PROBLEM PLEASE Required information [The following information applies to the questions displayed below.] Quick Copy
HI EXPERTS!!! COULD I PLEASE GET SOME HELP ON THIS PROBLEM PLEASE Required information [The following information applies to the questions displayed below.] Quick Copy purchased a new copy machine. The new machine cost $128.000 including installation, The company estimates the equipment will have a residual value of $32,000. Quick Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: Prepare a depreciation schedule for four years using the double-declining-balance method. (Hint: The asset will be depreciated in nly two years.) (Do not round your intermediate calculations.) Required information [The following information applies to the questions displayed below.] Quick Copy purchased a new copy machine. The new machine cost $128,000 including installation. The company estimates the equipment will have a residual value of $32,000. Quick Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: 3. Prepare a depreciation schedule for four years using the activity-based method. (Round your "Depreciation Rate" to 3 decimal olaces and use this amount in all subsequent calculations. Round answers to the nearest whole dollar.) Required information [The following information applies to the questions displayed below] Quick Copy purchased a new copy machine. The new machine cost $128,000 including installation. The company estimates the equipment will have a residual value of $32,000. Quick Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: Required: 1. Prepare a depreciation schedule for four years using the straight-line method. (Do not round your intermediate calculations.)
HI EXPERTS!!! COULD I PLEASE GET SOME HELP ON THIS PROBLEM PLEASE
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