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P-Global purchased equipment on January 1, 2020, for $100,000. They expected the equipment to be used 150,000 units in total (first year: 30000, second: 25000,

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P-Global purchased equipment on January 1, 2020, for $100,000. They expected the equipment to be used 150,000 units in total (first year: 30000, second: 25000, third: 15000, fourth: 30000 and fifth: 50000) and have a residual value of $25,000. 1. Assuming that the company will use units of production method to account for depreciation create a depreciation schedule (table) for this asset. 2. Out of the three classic depreciation methods mentioned in class, which one do you think is the best fit for equipment and why

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