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Question Help Crispy Fried Chicken bought ou t on January 2 2018 for $3000. The man was expected to remain in service for four years and to operator 750 hours. At the end of the equipmen estimates that residual value will be $5,000. The equipment operated for 675hos hefst year 2005 hours the second year 2.700 hours third year, and 1350 hours the fourth year t Cry Read the requirements woment under the three depreciation methodsraighline unts of production and Requirement 1. Prepare a schedule of depreciation expense accumulate depreciation and book e per year for the double declining balance. Show your computations. Note: Three depreciation schedules must be prepared Begin by preparing a depreciation schedule using the straight-line method Straight-Line Depreciation Schedule Asset Cost Depreciable Cost Useful Life Depreciation Expense Accumulated Depreciation Book Value Date 1-2-2018 12:31 2018 12-31-2019 12-01-2020 12.3.2024 Before u nge of production depreciation schedul e the decisione per unit. Select the form then enter the amounts and calculate the depreciation expense per unit - Depreciation per unit Choose from any stranter n umber in the input folds and then continue to the next question Question Help Chegy Fred Chicken bought ou t on January 2 2018 for $33.000. The o estimates that residual value will be $6.000. The m enter for pment was expected to remain in service for four years and to the first year 2.695 housecond year 2.700 ho be for 50 hours. At the end of the equipments ywand 1 350 hours the fourth year Crispy d Read the requirements Accumulated Depreciation Prepare a depreciation schedule using the units of production method Units-of-Production Depreciation Schedule Depreciation for the Year Asset Depreciation Number of Depreciation Date Cost PerUnit Units Expense 1-2-2018 12-31-2018 12-31-2019 12312020 12.3192 Prepare a depreciation schedule using the double-declining balance ( ) method. (Embra "for any tems with a more value Double-eclining Balance Depreciation Schedule Depreciation for the Year Book DOB Depreciation Accumulated Book Date Cost Choose from any store any number in the routes and then continue to the next question Ouestion Help py Fed Chicken bought equipment on January 2 2018. 33.000. The s pected to remain in service for four years and s ma r d value will be $8.000. The equipment pred for 65 hours the first year 2025 hours the cond you. 2.700 hours the t or 6.750 hours. At the end of the equipment dywand 350 hours the fourth year Read the ones 12-01-2019 12.31.2021 Prepare a depreciation schedule using the double declining balance (008) method. (Enter a "U" for any ms with a zero value) Double-Declining-Balance Depreciation Schedule Depreciation for the Year Asset Book DDB Depreciation Accumulated Book Date Valve Expense Depreciation Value 12-2018 12-31-2018 12-31-2019 12-31-2020 2312021 Requirement 2. Which method tracks the wonder on the equipment most closely? The method tracks wear and most ly Choose from any list or enter any number in the input de and continue to the next question - $33,000. The equipment was expected to remain in service for four years and to operate for 6,750 hours. At operated for 675 hours the first year, 2,025 hours the second year, 2,700 hours the third year, and 1,350 hours accumulated depreciation, and book value per year for the equipment under the three depreciation methods: stu mee depreciation schedules must be prepared. A Requirements the 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. 2. Which method tracks the wear and tear on the equipment most closely? Print Done hedule, calculate the depreciation expense per unit. Select the formula, then enter the amounts and calculate the depred - Depreciation per unit fields and then continue to the next question. Crispy Fried Chicken bought equipment on January 2, 2018, for $33,000. The equipment was expected to remain in service for four years and to operate for estimates that its residual value will be $6,000. The equipment operated for 675 hours the first year, 2,025 hours the second year, 2.700 hours the third year, Read the requirements. Cost Expense Depreciation Value Date 1-2-2018 12-31-2018 12-31-2019 12-31-2020 12-31-2021 Before calculating the units-of-production depreciation schedule, calculate the depreciation expense per unit. Select the formula, then enter the amounts and Depreciation per unit Pre ing the units of production method. Accumulated depreciation Cost Un Residual value Useful life in units Useful life in years Schedule Depreciation for the Year preciation Number of Depreciation Per Unit Units Expense Accumulated Depreciation Book Value Cost Date 1.2.2018 Choose from any list or enter any number in the input fields and then continue to the next