please disregard all the following numbers in the slides EXCEPT the last picture!! The last picture contains the key and #'s to my work problem

Requirement 1. For each of the generally accepted depreciation methods, prepare a depreciation schedule showing asset cont depreciation expense, con precision and asset book value Complete the straight-in depreciation schedule. Begin by filling out the schedule tough 2002, and the complete the schedule by entering the amounts through 2026. (Ender the two ticima proces Straight-Line Depreciation Schedule Depreciable Yearly Accumulated Date Cost Rate Cost Expense Depreciation Book Value January 9, 2021 $ 317 500 $317.500 December 31, 2021 0.20 5 282.000 56.400 56,400 207.100 December 31, 2022 020 22.000 56,400 112.000 204700 December 31, 2023 0.20 282,000 56.400 109.200 148,300 December 31, 2024 0.20 282.000 50.400 225.000 91,900 December 31, 2025 020 282.000 58.400 262.000 35.500 . Complete the units-of-production depreciation schedule. Begin by firing out the schedule through 2022, and then complete the schedule by entering the mounts through 2025. desreciation Derunt to the rest cont.) Units of Production Depreciation Schedule Depreciation Number of Yearly Accumulated Data Cost Rate per Unit Units Expense Depreciation Book Value January 9, 2021 $317.500 317.500 December 31, 2021 2.82 25,000 $ 70.500 70.500 247.000 December 31, 2022 282 22.500 63,450 133950 100.550 December 31, 2023 2.82 20,000 56.400 100.350 127.150 December 31, 2024 282 17.500 49 350 239,200 77.000 December 31, 2025 282 15.000 42300 262.000 35.900 Comolto the double declining Dance depreciation whebdo. Begin by filling out the schedule through 2012, and the complete the schedule by entering the mounts rough 2008 (ther the route de two decimet places. Round the amounts to the nearest whole dar) Double-Declining-Bintance (1) Dupreciation Schedule Yearly Accumulated Date Cost DOB Rate Expense Depreciation Book Value January, 2021 5 317.500 $317.500 December 31, 2021 0.40 $ 127.000 127.000 100.000 December 31, 2022 76.200 203 200 114.300 December 31, 2023 0.40 45.720 248.920 68.580 December 3, 2024 0.40 27.432) 278,352 41,146 December 31, 2025 5.648 282.000 35.500 0.40 Requirement. For franciaorting purposes of the depreciation method that is reported income in the early years of se. For income tax purposes the company estern method that minimize income tax payments those aty years. Consider the first year On Case the complete the relation to that's objectives, wing the income to authorities permit the use of any of the methods The depreciation method that anime reported net income in the first year of the computer's is the right method, which produces the loweet depredation for that year. The method that minimizes income taves in the first year is the double-declining balance method, which produce the highest depreciation amount for that you Requirements. Not cash provided by operation before come laki 5155,000 for the computer for you. The company's come tax rate 40%. For the two depreciation methods dette in requirement compare the recome and not the provided by operations for fow) Show which methodes the net income advantage and which rud gives the throw advantage Begin by comparing the ret income. Show which methodges the neincome advantage Depreciation Method that in the Early Years Mam Reported Minim Income Income Tax Payments Net income for first year Net cash provided by operations before income tax $ 153.000 5 153000 Depreciation expense 56.400 127.000 Income before income 1,000 26.000 Income tax expense 38.640 67.000 15.000 Not income Not income advantage of method that 42.00 mades reported income 10.40 Finally, compare the cash flows. Show which method gives the cash flow advantage Depreciation Method that in the Early Years Massimizes Reported Minimizes Income Income Tax Payments Not cash flow analysis for first year Net cash provided by operations before income tax S 153,000 $ 153,000 38.640 Income tax expense 10.400 114.3805 142.600 Cash provided by operations (cash flow) Cash flow advantage of method that 28.240 minimizes income tax payments $ Help me solve this text pages Calculator On January 9, 2021. Oftate Company paid $230,000 for a computer system. In addition to the basic purchase price, the company paid asetup fee of $1,000 sales tax of $6.000 and $28,000 for a special platform on which to place the computer the management as he computer will remain in service for five years and have a residuals of $15,000 The commover w process 30.000 documents the first year wth annual processing decreasing by 2.500 donants during each of the next four years that 27500 documents in 2022 25.000 documents in 2023; and so on). For help with deciding which depreciation method to use the company president has requested a depreciation schedule for each of the three depreciation methods Wrounding leary, two deca ploces for the depreciation amount per document, Retro Requirements 1. For each of the general coupled depreciation method reaction schedule showing a cost pection expense, cum deprecation, and book 2. For financial reporting purposes, Oute the depreciation method that is reported income in the early years of an 'For income tax purposes the company was the depreciation method that min me income tax payments in the early you consider the first year Outta Coses the computer the depreciation method to meet Others Dhjective, suming the income tax authors permite of any of the mods 3. No cash provided by operation before income tax is $158.000 for the computer's first year. The company income tax rate is 285. For the two depreciation methode identified in rourement compare the income and cash provided by operations (chow) Show which method gives the net income advantage and which method gives the flow advantage bu depreciation expense, acumulated depreciation, and asset book value. pute by entering the amounts rough 2005. (Internet two decapaces Print Done kerp me sorve TS Text pages CatTOT Clear all Check