Mastery Problem: Long-Term Assets: Fixed and Intangible Patterson Planning Corp. You have been hired by Patterson Planning Corp. an events planning company that recently had a fire in which some of the accounting records were damaged. In reviewing the feed asset records, you find three depreciation schedules that are not labeled. They are listed in the following table. One of the assets us a depreciation Year Schedule A Schedule B Schedule $10,125 $9.460 2.400 1 $4,000 2 13,500 6,450 3 1,440 13,500 4 864 5 13,500 3,375 296 7,310 6,450 4,300 6,880 4,730 6 7 Total $9,000 154,000 545.580 Depreciation 1. Determine which depreciation method is shown in each schedule on the Potterson Planning Corp. panel. Then match each schedule to the asset description that best charactu that method Asset Description Depreciation Schedule Used Asset producing steady revenues Asset with variable in-service time Asset generating greater revenues in the early years Consider how each type of depreciation is computed 2. For each of the depreciation schedules shown on the Patterson Planning Corp. in the following information. If an amount box does not require an entry, leave it blank B Useful life 5 x 5 X Ched: My Work 2 more Choy WORD Year Schedule A Schedule Schedule 1 4000 10.125 WA 13.500 1 1.440 17.500 13.00 ASO 5 29 4,300 6 7 4,750 19.000 354000 345,50 Depreciation 1. De hection method is one on the roaming Comprehend to the moon the best the video ting that meet Anset Description Depreciation Scheduled A producing the reves Aset with an in-victime terrerents in the early year Cand how the 2. For actor derechedules when aning om hom terre C Uwe ol Tutar 32.500 7.858 .000 2140 34000 12.8 Oudy wil WW