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ompany acquired and placed into use equipment on lanuary 2, 2011, at a cash costs comor tist year tferent cardlins 000. Transportation charges amounted to
ompany acquired and placed into use equipment on lanuary 2, 2011, at a cash costs comor tist year tferent cardlins 000. Transportation charges amounted to $7,500, and installation and testing Problem 10-5 Compute depreclation for first year under each of four different of $935,000 totaled $55,000 $37,500 at the were produced. The e the end of its life. It was further estimated that the equipment would be used S71920,000 units of product during its life. During 2011,426,000 units of proad testing costs nt was estimated to have a useful life of nine vears and a salvage value o quipm ction of (L.O. 3) in the of product e the depreciation to the nearest dollar for the year ended December 31,2011, using , using: Required a. Straight-line method b. Units-of-production method. e. Sum-of-the-years'-digits method. Double-declining-balance method (use a fraction rather than a percentage)
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