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I need help with this question please, when I tried the unit of production my numbers were whack On January 3, 2020. Xenex Innovations purchased

I need help with this question please, when I tried the unit of production my numbers were whack

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On January 3, 2020. Xenex Innovations purchased computer equipment for $149.250. The equipment will be used in research and development activities for five years or a total of 8.500 hours and then sold for about $26,000. Assume actual usage in hours of 2020 2021 2022 2023 2024 1,950 1,900 3,680 3, 100 3,900 Required: Calculate depreciation expense and book values for each year of the equipment's life for each method of depreciation using the table provided below. Xenex's year end is December 31 (Do not round Intermediate calculations.) Straight-Line Double-Declining-Balance Units-of-Production Year Depreciation Book Value at Depreciation Book Value at Depreciation Book Value at Expense December 31 Expense December 31 Expense December 31 2020 24.050 124.600 2021 49.300 S 99.950 2022 73,950 75,300 2023 98,600 50.650 2024 123.250 5 26,000 Analysis Component: Which method will result in the greatest 5. Total assets being reported on the balance sheet in 2020? in 2023? Depreciation Method 2020 2023 b. Operating expenses being reported on the income statement in 2020? In 2023? Depreciation Method 2020 2023

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