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Perdue Company purchased equipment on April 1 for $ 5 4 , 0 0 0 . The equipment was expected to have a useful life
Perdue Company purchased equipment on April for $ The equipment was expected to have a useful life of three years, or operating hours, and a residual value of $ The equipment was used for hours during Year hours in Year hours in Year and hours in Year
Required:
Determine the amount of depreciation expense for the years ended December Year Year Year and Year by a the straightline method, b the unitsofactivity method, and c the doubledecliningbalance method. Note: Round all final values for each depreciation method and each year to the nearest whole dollar.
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