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of 2 Revise your worksheet to reflect these updated assumptions and then answer the questions that follow. Original Cost Estimated Residual Value Estimated Useful Years.

image text in transcribedimage text in transcribed of 2 Revise your worksheet to reflect these updated assumptions and then answer the questions that follow. Original Cost Estimated Residual Value Estimated Useful Years. Estimated Units $134,400 $ 33,600 42,000 6 Book Actual Units: Year 1 4,200 Year 2 7,560 Year 3 9,240 ferences Year 4 10,080 Year 5 8,400 Year 6 6,720 46,200 Required: 1. Use your spreadsheet to recalculate Depreciation Expense, Accumulated Depreciation, and the Book Value for Year 6 under each method. Note your revised values below. Depreciation Expense Accumulated Depreciation Book Value Straight-Line Double-Declining- Activity-Based Balance 2. Prepare the journal entry to record depreciation in Year 6 for each of the methods. (If no entry is required for a transaction/event select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the Depreciation Expense for the period under the straight-line method. Note: Enter debits before credits. Transaction a. General Journal Debit Credit Record entry Clear entry Dre View general journal 84 of 8 Navt

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