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On April 22, 2023, Sunland Enterprises purchased equipment for $138,700. The company expects to use the equipment for 11,500 working hours during its four-year life

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On April 22, 2023, Sunland Enterprises purchased equipment for $138,700. The company expects to use the equipment for 11,500 working hours during its four-year life and that it will have a residual value of $14,500. Sunland has a December 31 year end and prorates depreciation to the nearest month. The actual machine usage was: 1,700 hours in 2023;2,600 hours in 2024; 3,500 hours in 2025;2,800 hours in 2026; and 1,100 hours in 2027. (a1) Prepare a depreciation schedule for the life of the asset under the straight-line method. (Round partial-period depreciation rate to 4 decimal palces, es. 15.2563\% and other answers to 0 decimal places, es. 5,276.) \begin{tabular}{c} Depreciable \\ Amount \end{tabular} Year \begin{tabular}{c} Depr. \\ Rate \end{tabular} End of Year Depr. Expense Accum. Depr. $ Carrying Amount \% $ % \% % % SUPPORT

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