Project 01 FACULTY Dean Acct123 Name: _Mustafa Due Tues 02/25 DEPRECIATION METHODS THE COMPUTATION IN THIS PROJECT WILL USE INFORMATION ABOUT A MACHINE THAT INSPECTS GOLF CLUBS PRIOR TO PACKAGING AND SHIPPING THEM TO CUSTOMERS. COST $30,000 SALVAGE VALUE $5,000 USEFUL LIFE 10 YEARS UNITS INSPECTED 45,000 PURCHASE DATE UNITS INSPECTED DEC 31, 2012 YEARS USAGE 2013 THRU 2022 2013 4000, 2014 = 3000, 2015 5000, 2016 = 4000, 2017 - 5000, 2018 - 6000, 2019 5000, 2020 = 6000, 2021 - 4000, 2022 = 3000 SET UP 3 TABLES LIKE EXHIBIT 10.8, 10.10 AND 10.12 ON PAGES 427-430. 10 ROWS IN EACH TABLE FOR EACH YEAR. CACULATE OUT THE DEPRECIATION USING THE STRAIGHT LINE METHOD, UNITS OF PRODUCTION METHOD, AND THE DOUBLE-DECLINING BALANCE METHOD