On XXX, 2017, Xenex Innovations purchased computer equipment for SXXX. The equipment will be used in research and development activities for XX years or a total of XXX hours and then disposed for about SWoX. Prepare a schedule with headings as shown below. Calculate depreciation and carrying amounts for each year of the equipment's life for each method of depreciation. The company uses the nearest month method for assets purchased curing a year. Xenex's year-end is December 31. (6 marks) SUMMARY m...Use the areas below to calculate details ALL AMOUNTS IN THIS TABIE MUST BE CEUL-REFERENCED FROM YOUR SCHEDULES BELOW OR THE DATA ABOVE. Caleulations: Straight Line (5 marks) Depreciation for the Period ALL AMOUNTS IN THIS TABLE MUST BE CELL-REFERENCED FROM THE DATA ABOVE. Double-declining-balance ( 5 marks) Annual rate of On XXX, 2017, Xenex Innovations purchased computer equipment for SXXX. The equipment will be used in research and development activities for XX years or a total of XXX hours and then disposed for about SWoX. Prepare a schedule with headings as shown below. Calculate depreciation and carrying amounts for each year of the equipment's life for each method of depreciation. The company uses the nearest month method for assets purchased curing a year. Xenex's year-end is December 31. (6 marks) SUMMARY m...Use the areas below to calculate details ALL AMOUNTS IN THIS TABIE MUST BE CEUL-REFERENCED FROM YOUR SCHEDULES BELOW OR THE DATA ABOVE. Caleulations: Straight Line (5 marks) Depreciation for the Period ALL AMOUNTS IN THIS TABLE MUST BE CELL-REFERENCED FROM THE DATA ABOVE. Double-declining-balance ( 5 marks) Annual rate of