On April 19, Year 8, Rawhide Corporation purchased equipment for $400,000. it has an expected useful life of 10 years and a residual value of $40,000

On April 19, Year 8 , Rawhide Corporation purchased equipment for $400,000. It has an expected useful life of 10 years and a residual value of $40,000. It is expected to produce 1,200,000 pairs of snowshoes over its useful life. Production in Year 8 was 90,000 pairs and in Year 9 was 134,000 pairs. Rawhide rounds depreciation to the nearest month Instructions: Provide the annual depredation for Years 8 and 9 under the following three depreciation methods: A. straight line B. double declining balance C. units of production Organize your answer as below. Show your calculations below the answers. a)