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please help !! Required information Problem 7.5B (Algo) Determine depreciation under three methods (L.O7.4) The following mitonnation appilos to the questions disployed beliw) Ope Suop
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Required information Problem 7.5B (Algo) Determine depreciation under three methods (L.O7.4) The following mitonnation appilos to the questions disployed beliw) Ope Suop Copy purchased a now copy machine. The new mochine cour $126,000 including installabon. The company pour years of about 8000 total hours Actual use per year was as follows. Problem 7.58 (Algo) Part 2 2. Prepsre o deprectazon schedue for four yests using the double-declining-balance method. (Hint. The asset wei be depreciated in ony two years) (Do not round your intermedlate calculations.) Required information Problem 7.58 (Algo) Determine depreciation under three methods (LO7.4) [The following information applies to the questions displayed beiow] One STop Copy purchased a new copy miachine. The new machine cost $126,000 including installation, The company. estimates the equipment wil have a residuai value of $31,500. One Stop Copy also estumates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: Problem 7.5B (Algo) Part 3 3. Prepare a depreciation schedisfe for four years using the activity based method. (Round your "Depreclotion Rate" to 3 declmal places and use thls amount in all subsequent calculations. Round onswers to the nearest whole dollar.) Step by Step Solution
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