PULLSCE PRINTER VERBON Question 19 Clumber Company purchased equipment on account on September 3, 2019, at anvice price of $193.000. On September 2019, paid $5,000 for delivery of the equipment. Aene Year $1,950 insurance policy on the equipment was purchased on September 6, 2019. On September 20, 2019, Camber paid $3,000 for installation and testing of the equipment. The eu oment was ready for use on October 1, 2019 Cullumber estimates that the equipment's useful life will be four years, with a red value of $12.500. Ir ao estimates that. terms of activity, the coupment's seul life will be 54.250 untCullumber September 30 fiscal year end. Acame that actual usage is as follows: #of Units Year Ended September 30 15,539 2020 23,830 2021 20,130 2022 35.660 2073 Determine the cost of the equipment Cool woment Freure depreciation schedules for the life of the asset under the following depreciation method 1. straight 3.- euro depreciulit must eru u decimal and the names to o wielce w 3.276) 1. STRAIGHT LINE DEPRECIATION End of Year he Year Depreciable Amount End of Year Depr. Rate Depr. Expense 2020 Accum. Depr Carrying Amount 2021 2022 2023 2. DOUBLE DIMINISHING-BALANCE DEPRECIATION Year Carrying Amount Beginning Of Year End of Year Depr. Rate Depr. Expense 2020 Accum. Depr. Carrying Amount 2021 Study 2022 2023 1 En L2000-2020 anys 3. UNITS-OF-PRODUCTION Units of Production End of Year Year 2020 Depr. Amt/Unit Depr. Expense Accum Depr. Carrying Amount 2021 2022 2023 Which method would result in the highest profit for the year ended September 30, 2021? Over the life of the asset? method would result in the highest profit for the year anded September 30, 2021. Over the life of these same total depreciation expense Question Attempts: 0 or I used SAELATTH SURPEET ARWE Salita