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need help on a-c please show work 2. On January 1, Albany Cranes purchased a crane for $164,000. Albany expects the crane to remain useful
need help on a-c please show work 2. On January 1, Albany Cranes purchased a crane for $164,000. Albany expects the crane to remain useful for eight years (1.600.000 s) and to have a residual value of $20,000. The company expects the crane to be used for 160,000 lifts the first year Read the requirements a. Compute the first-year depreciation expense on the crane using the straight-line method Begin by selecting the formula to calculate the company's first-year depreciation on the crane using the straight-line method. Then enter the amounts and calculate the depreciation for the first year = Straight-line depreciation b. Compute the first-year depreciation expense on the crane using the units of production method Before calculating the first-year depreciation on the crane using the units of production method, calculate the depreciation expense per unit. Select the formula then enter the amounts and calculate the depreciation per unit. Round depreciation per unit to two decimals, X.XX.) ) - - Depreciation per unit Now, select the formula, enter the amounts, and calculate the company's first-year depreciation on the crane using the units of production method (Round depreciation expense to the nearest whole dollar) Units of production depreciation c. Compute the first-year and second-year depreciation expense on the crane using the double-declining balance method. Begin by selecting the formula to calculate the company's first year and second-year depreciation on the crane using the double-declining balance method. Then enter the amounts and calculate the depreciation for the first year. Finally, enter the amounts and calculate the depreciation for the second year. (Enter "o" for items with a zero value. Do not round the interim calculation. Round depreciation expense to the nearest whole doll Double-declining balance depreciation Yr1 * Y2 Choose from any list or enter any number in the input fields and then con
need help on a-c please show work
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