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please help with depreciation Ciely Corporation provides the following information about a recently acquired asset: 3-D printer 87,000 2,500 4,000 Useful life (years): Useful life
please help with depreciation
Ciely Corporation provides the following information about a recently acquired asset: 3-D printer 87,000 2,500 4,000 Useful life (years): Useful life (objects): Asset: Cost: Installation costs: Residual value: 3 1,200 Using the applicable data above, prepare a depreciation table for each of the following methods: . Straight Line Units of Production -- actual objects printed each year: Year 1 106 Year 2 545 Year 3 320 Year 4 229 Round cost per unit to 2 decimal places. Double Declining Balance Do NOT round the depreciation rate, but Do round the depreciation expense to the nearest dollar (zero decimal places) . Straight Line Annual Balance in Year Depreciation Accumulated Book Value Expense Depreciation 0 89,500 2 4 Total Units of Production Annual Balance in Year Depreciation Accumulated Book Value Expense Depreciation 0 2 3 4 Total Double-Declining Balance Annual Balance in Year Depreciation Accumulated Book Value Expense Depreciation 2 4 5 TotalStep by Step Solution
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