Patterson Planning Corp.,

You have been hired by Patterson Planning Corp., an events planning company that recently had a fire in which some of the accounting records were damaged.

In reviewing the fixed asset records, you find three depreciation schedules that are not labeled. They are listed in the following table. One of the assets has a depreciation rate of $4.30 per hour.

Depreciation

1. Determine which depreciation method is shown in each schedule on the Patterson Planning Corp. panel. Then match each schedule to the asset description that best characterizes the type of assets often depreciated using that method.

ILLICIL are Year Schedule A Schedule B Schedule C 1 $10,000 $10,125 $9,460 N 6,000 13,500 6,450 3 3,600 13,500 7,310 4 2,160 13,500 6,450 740 3,375 4,300 6,880 7 4,730 8 Total $22,500 $54,000 $45,580 Asset Description Depreciation Schedule Used et producing stody v As with vara in service Atting or even in the years 2. eth decation schedules shown on the Patterson sing Corp. in the following information If an amount to does not worry, nawet A Late sidual Total hours arview the preciation schedules on the Patterson Planning Corppant, then the following questions L. How would you dost Schedule at the beginning of Year, the set was estimated to have more years of the remaining, but with a sul value that we The total depreciation for this now will be The decision amount for Year will be