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Required Informatlon Problem 7.58 (Algo) Determine depreciation under three methods (LO7.4) The following infomation apples to the questions displayed befowJ. One Stop Copy putchased a
Required Informatlon Problem 7.58 (Algo) Determine depreciation under three methods (LO7.4) The following infomation apples to the questions displayed befowJ. One Stop Copy putchased a new copy machine. The new machine cost \$120,000 including linstaliation. The company. estimates the equigment will have a residuai value of $30.000. One 510p Copy also estimates it will use the machine for fouryears or about 8,000 total hours Actual use per year was as follows. Problem 7.5B (Algo) Port 1 Requifed: 1. Prepale y depreciatlon schedule for fout yeors using the straignteline metnod (Do not round your linterme diate caiculotions.)
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