? Question $3$ ?of $7$

On April $22,2023,$ ?Crane Enterprises purchased equipment for $$144,900.$ ?The company expects to use the equipment for $11,000$

working hours during its four$-$year life and that it will have a residual value of $$14,000.$ ?Crane has a December $31$ ?year end and pro$-$

rates depreciation to the nearest month. The actual machine usage was: $1,500$ ?hours in $2023$;$2,600$ ?hours in $2024$;$3,500$ ?hours in

$2025$;$2,800$ ?hours in $2026$ ?; and $800$ ?hours in $2027.$

$($a$1)$

Prepare a depreciation schedule for the life of the asset under the straight$-$line method. $($Round partial$-$period depreciation rate to $4$

decimal palces, eg$.15\mathrm{.}2563\%$ ?and other answers to $0$ ?decimal places, e$.$g$.5,276.)$

End of Year

Jepr.

Depr.

Carrying

$?$ate

Expense

Accum. Depr.

Amount

$\%$

$

$

$

$\%$

$\%$Question $3$ ?of $7$

On April $22,2023,$ ?Crane Enterprises purchased equipment for $$144,900.$ ?The company expects to use the equipment for $11,000$

working hours during its four$-$year life and that it will have a residual value of $$14,000.$ ?Crane has a December $31$ ?year end and pro$-$

rates depreciation to the nearest month. The actual machine usage was: $1,500$ ?hours in $2023$;$2,600$ ?hours in $2024$;$3,500$ ?hours in

$2025$;$2,800$ ?hours in $2026$ ?; and $800$ ?hours in $2027.$

$($a$1)$

Prepare a depreciation schedule for the life of the asset under the straight$-$line method. $($Round partial$-$period depreciation rate to $4$

decimal palces, e$.$g$.15\mathrm{.}2563\%$ ?and other answers to O decimal places, e$.$g$.5,276.)$