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please help! i will like and comment! More info X On January 2, 2018, Amarillo Enterprises, Inc., paid $255,200 for equipment used in manufacturing automotive
please help! i will like and comment!
More info X On January 2, 2018, Amarillo Enterprises, Inc., paid $255,200 for equipment used in manufacturing automotive supplies. In addition to the basic purchase price, the company paid $800 for transportation charges, $100 for insurance for the equipment while in transit, $12,000 sales tax, and $1,900 for a special platform on which to place the equipment in the plant Management of Amarillo Enterprises, Inc., estimates that the equipment will remain in service for five years and have a residual value of $30,000. The equipment will produce 60,000 units the first year, with annual production decreasing by 10,000 units during each of the next four years (1.e., 50,000 units in year 2: 40,000 units in year 3; and so on, for a total of 200,000 units). In trying to decide which depreciation method to use, Amarillo Enterprises, Inc., requested a depreciation schedule for each of the three depreciation methods (straight-line, units of production, and double-declining balance). Print Done Consider the following the icon view the information) Read the resim Requirement 1. For each od preparede de thowing online, come dende o valorhytothew Forest our precation per unit to the local com Bare coming the wine tapreciation when we the who recto One yar Us Det 1 Rate Complete the mentine Depreciation Schedule tegin bylting out the schedule through 2010, and van compute the these tyring the neurto rengn 2022 Straight Line Depreciation Schedule Depreciation Depreciable Dupreciation Accumulated Ascot Data Asset Cost Cost Expense Depreciation Book Value way 2. 2018 December 31, 2010 December 31, 2010 December 31, 2020 December 31, 2021 December 31, 2002 Before completing the units of production (UOP) depreciation schedule, calculate me depreciation expense perunt. Round drop the map Depreciable Totalt out Depreciation perunt Date PerU Complete the Unite of Production Depreciation Schedule Begin by thing out the schedule tough 2018, ma then come school by entering the amounts rough 2012. En donation per three decine Units of Production Depreciation Schedule Depreciation Number of Depreciation Accumulated Asset Asset Cost Expense Depreciation Book Value January 2, 2018 December 31, 2018 December 31, 2010 December 31, 2020 December 31, 2021 December 31, 2022 Before completing the double declining barca (008) schedule, calculate the wording wance rate SL Dption trate muter DOS * Complete the Double Declining Balance Depreciation Schedule begin by filing out the schoose through 2018, and the complete the schedide by entering the amounts through 2012 Double Declining Balance (DB) Depreciation Schedule DOO Asset Book Depreciation Accumulated Asset Expense Depreciation Book Value DC Data Asset Cost Rate Vale Carte Dutie-eining Bisa Depreciation Schedule begin by ng out the schedule von 20:0, and the complete the schedule by entong the amounts through 2022 Double Declining Balance DB) Depreciation Schedule DDB Asset Book Depreciation Accumulated Asset Asset Cost Rate Expono Depreciation Book Value wary 2, 2016 December 31, 2018 December 31, 2019 December 31, 2020 December 31, 2021 December 31, 2022 Requirement 2. Amato Enterprises, Inc. prepares francia statements in the depreciation method to reports the highest income in the early years of use For come purposemary is the deprecio mincome taxes e carty years. Consider the year Amarillo Enterpo. Inc., uses the currently the depreciation methods and Amerillo Enderes belles aming the accettare permittel any method The depreciation method that a reported not come in the first year of the computer's deathe method with produces the depreciation for that year. The whod that minimercom sven the final year is the method, which produce the M depreciation amount for the year Requirement 1. Show Wow Amard Enterprises, Inc. would report equipment on the December 31, 2016, ble for each depreciation method December 31, 2016 SL UOP Step by Step Solution
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