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Part 1 of 3 Required information CC9-1 Accounting for the Use and Disposal of Long-Lived Assets (LO 9-3, LO 9-5) The following information applies to

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Part 1 of 3 Required information CC9-1 Accounting for the Use and Disposal of Long-Lived Assets (LO 9-3, LO 9-5) The following information applies to the questions displayed below) Nicole's Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased at the beginning of the year at a cost of $19.500. The estimated useful life was five years and the residual value was $500. Assume that the estimated productive life of the machine is 10.000 hours. Expected annual production was year 1 2.300 hours year 2, 2,500 hours year 3, 2.100 hours: year 4.2.100 hours and year 5.1000 hours. 125/1.33 points awarded 02005 CC9-1 Part 1 Scored Required: 1. Complete a depreciation schedule for each of the alternative methods a. Straight-line b. Units of production c. Double-declining balance. Complete this question by entering your answers in the tabs below Reg 1A Reg 18 Reg 10 Complete a depreciation schedule for double-declining balance method. Do not round intermediate calculations. Round your Tinal answers to the nearest dollar amount Year Acquisition Year 1 Year 2 Depreciation Accumulated pense Depreciation Book Value 19 500 5 7800 7800 11,700 $ 4,680 12.480 7020 52,803 3152634212 1685 16,973 2 .527 1,010 17.583 1617 Year 3 Year 4 Type here to search ' 9 e 1994

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