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please help thank you! Deliclous Fried Chicken bought equipment on January 2, 2018, for $18,000. The equipment was expected to remain in service for four

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Deliclous Fried Chicken bought equipment on January 2, 2018, for $18,000. The equipment was expected to remain in service for four years and to operate for 5,000 hours At the end of the equipmont's uselul lffe, Delicious estimates that its residual value will be $3,000. The equipment operated for 500 hours the first year, 1,500 hears the second yoar, 2,000 hours the third year, and 1,000 hours the fourth yoar. Read the requisemonts Requirement 1. Prepare a schedule of depreciation expense, acoumulated depreciabon, and book value per year for the equipment undor the thres depreciation itetfodi straightline, unith of production, and double-decining balance. Show your computations. Note. Three depreciation achedules must be prepared Begin by preparing a depreclation schedule using the straight fine method Requirements 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods: straight-line, units-of-production, and double-declining-balance. Show your computations. Note: Three depreciation schedules must be prepared

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