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On March 3 1 , 2 0 2 4 , Canseco Plumbing Fixtures purchased equipment for $ 5 8 , 0 0 0 . Residual
On March Canseco Plumbing Fixtures purchased equipment for $ Residual value at the end of an estimated fouryear
service life is expected to be $ The company expects the equipment to operate for hours. The equipment operated for
and hours in and respectively.
Required:
a Calculate depreciation expense for and using straightline method.
b Calculate depreciation expense for and using doubledecliningbalance method.
c Calculate depreciation expense for and using unitsofproduction using hours operated.
Complete this question by entering your answers in the tabs below.
Required B
Calculate depreciation expense for and using straightline method.
Calculate depreciation expense for and using doubledecliningbalance method.
Calculate depreclation expense for and using unitsofpro
Note: Round "Depreciation per hour" answers to decimal places.
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