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please give me a clear answers!!! Problem 8-27A (Algo) Effect of straight-line versus double-declining balance depreciation on the recognition of expense and gains or losses
please give me a clear answers!!! Problem 8-27A (Algo) Effect of straight-line versus double-declining balance depreciation on the recognition of expense and gains or losses LO 8-2, 8-3, 8-5 Becker Office Service purchased a new computer system in Year 1 for $32,900. It is expected to have a five-year usefut fe and a $3,100 salvage value. The company expects to use the system more extensively in the early years of its life Required a. Calculate the depreciation expense for each of the five years, assuming the use of straight-line depreciation b. Calculate the depreciation expense for each of the five years, assuming the use of double-declining balance depreciation. d. Assume that Becker Office Service sold the computer system at the end of the fourth year for $19.000. Compute the amount of gain or loss using each depreciation method Complete this question by entering your answers in the tabs below. Required I Required Required D Calculate the depreciation expense for each of the five years, assuming the use of straight-line depreciation Year Depreciation Expenso 1 2 3 4 5 Route Required B > Complete this question by entering your answers in the tabs below. Required A Required B Required D Calculate the depreciation expense for each of the five years, assuming the use of double-declining-balance depreciation. (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.) Year Depreciation Expense 1 2 3 4
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