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Plz answer from b til g Depreciation Calculations-Six Methods; Partial Periods) Jupiter Wells Corp. purchased machinery for $315,000 on May 1, 2020. It is estimated

Plz answer from b til g

Depreciation Calculations-Six Methods; Partial Periods) Jupiter

Wells Corp. purchased machinery for $315,000 on May 1, 2020. It is estimated that it will have a useful

life of 10 years, residual value of $15,000, production of 240,000 units, and 25,000 working hours. The

machinery will have a physical life of 15 years and a salvage value of $3,000. During 2021, Jupiter Wells

Corp. used the machinery for 2,650 hours and the machinery produced 25,500 units. Jupiter Wells prepares

financial statements in accordance with IFRS.

Instructions

From the information given, calculate the depreciation charge for 2021 under each of the following methods,

assuming Jupiter Wells has a December 31 year end.

a. Straight-line

b. Units of production. Round the units of production charge to the nearest cent and the final answer

to the nearest dollar.

c. Working hours. Round the per-hour charge to the nearest cent and the final answer to the nearest

dollar.

d. Declining-balance, using a 20% rate

e. Sum-of-the-years'-digits. Do not round intermediate calculations and round the final answer to the

nearest dollar.

f. CCAat20%

g. Assume that Jupiter Wells is a small privately owned company that follows ASPE and uses straightline

depreciation. How would depreciation expense differ

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