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ine Digsup tsempani} purenased mining eqmpment en a sanuan} apta rer $340,000. The equipment was expected td have a useful life at three years er
ine Digsup tsempani} purenased mining eqmpment en a\" sanuan} apta rer $340,000. The equipment was expected td have a useful life at three years er 13,000 eperating heurs, and a residual 1.iaiue at $25,000. The equipment was used far ?,500 heurs during 2012, lE1000 hdurs in 2013 and 41500 heurs in 201s. Required: a} Determine the ameunt pt depreciatidn expense fer the {rears ended 315t December 2012, 2013 and 2014 unden i. the straight line methed is merits} ii. the unite gt eutput methee is merits} iii- the reducingbalance methed using titties the straight iine rate is merits} 0} Determine the tetal depresiatien fer the three 1,iears 03} each method. {1' mart-t}
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