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please help to do it correct Depreciation by Three Methods, Partial Years Perdue Company purchased equipment on April 1 for $44,550. The equipment was expected

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Depreciation by Three Methods, Partial Years Perdue Company purchased equipment on April 1 for $44,550. The equipment was expected to have a useful life of three years, or 4,320 operating hours, and a residual value of $1,350, the equipment was used for Hoo hours during Year 1, 1.500 hours in Year 2, 1,300 hours in Year 3 and 720 hours in Year 4 Required Determine the amount of depreciation expense for the years ended December 31, Year 1 Year 2, Year 3, and Year 4, by (a) the streightline method, (b) unte-ot-output method, and (c) the double declining balance method. Notes FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar, 4. Straight line method Year Amount Year 1 10,000 Year 2 14,400 Year 14,400 Year 4 3,600 b. Units of output method Year Amount Year! 8,000 Year 2 15,000 Year 13,000 Year 4 7,200 Year 4 3,600 b. Units-of output method Year Amount Year 1 8,000 Year 2 15,000 Year 3 13,000 Year 4 7,200 Double declining balance method Year Amount 22,275 X Year 1 Year 2 14,850 Year 3 4,950 Year 4 413X Foad Ouck My Wort Asset cost minus residual value equals depreciable cost. Sum the yearly depreciation to determine total depreciation Annual unus-of-output depreciation allocates the cost of the asset equally over the units produced (hours). The double dedining rate is two times the straight line rate Book value is the asset cost minus accumulated depreciation

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