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Nicoles Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased at the beginning of

Nicoles Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased at the beginning of 2014 at a cost of $6,500. The estimated useful life was five years, and the residual value was $500. Assume that the estimated productive life of the machine is 10,000 hours. Expected annual production was: year 1, 2,350 hours; year 2, 2,450 hours; year 3, 2,100 hours; year 4, 2,100 hours and year 5, 1,000 hours.

Required:
1.

Complete a depreciation schedule for each of the alternative methods. (Do not round intermediate calculations. Round your final answers to the nearest dollar.)

a. Straight-line.
Year

Depreciation

Expense

Accumulated

Depreciation

Book

Value

At Acquisition
2014
2015
2016
2017
2018

b. Units-of-production.
Year

Depreciation

Expense

Accumulated

Depreciation

Book

Value

At Acquisition
2014
2015
2016
2017
2018

c. Double-declining-balance.

Year

Depreciation

Expense

Accumulated

Depreciation

Book

Value

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