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Required information CC 9 - 1 ( Static ) Accounting for the Use and Disposal of Long - Lived Assets [ LO 9 - 3

Required information
CC9-1(Static) Accounting for the Use and Disposal of Long-Lived Assets [LO 9-3, LO 9-5]
NNicole's Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine
was purchased at the beginning of the year at a cost of $7,000. The estimated useful life was five years and the residual
value was $500. Assume that the estimated productive life of the machine is 13,000 hours. Expected annual production
was year 1,3,100 hours; year 2,2,500 hours; year 3,3,400 hours; year 4,2,200 hours; and year 5,1,800 hours.
CC9-1(Static) Part 1
Requlred:
Complete a depreclation schedule for each of the alternative methods.
a. Straight-Ine.
b. Units-of-production.
c. Double-declining-balance.
Complete this question by entering your answers in the tabs below.
Req1A
Req 1B
Req 1B
Req 1C
Complete a depreciation schedule for straight-line method. (Do not round intermediate calculations. Round your final answers
to the nearest dollar amount.)icoles Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased at the beginning of the year at a cost of $7,000. The estimated useful life was five years and the residual value was $500. Assume that the estimated productive life of the machine is 13,000 hours. Expected annual production was year 1,3,100 hours; year 2,2,500 hours; year 3,3,400 hours; year 4,2,200 hours; and year 5,1,800 hours.
CC9-1(Static) Part 1
Required:
Complete a depreciation schedule for each of the alternative methods.
Straight-line.
Units-of-production.
Double-declining-balance.
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