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Revise your worksheet to reflect these updated assumptions and then answer the questions that follow of 2 Original Cost Estimated Residual Value Estimated Useful Years

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Revise your worksheet to reflect these updated assumptions and then answer the questions that follow of 2 Original Cost Estimated Residual Value Estimated Useful Years Estimated Units $100,800 $ 25,200 6 14,000 Actual units Year 1 Year 2 Year Year 4 Year 5 Year 6 1,400 2,520 3,080 3,360 2,500 2,240 15,400 Required: 1. Use your spreadsheet to recalculate Depreciation Expense. Accumulated Depreciation and the Book Value for Year 6 under each method. Note your revised values below Answer is not complete. Straight Line Depreciation Expense Accumulated Depreciation Book Value 5 5.0243 03 Double Activity Declining Based Balance 82,800 $ 25.2003 25 200 25 200 select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the Depreciation Expense for the period under the straight-line method. Note: Enter debits before credits. Transaction General Journal Debit Credit a Record entry Clear entry View general journal Journal entry worksheet 1 3 > Record the Depreciation Expense for the period under the double-declining- balance method. Note: Enter debits before credits. Transaction General Journal Debit Credit b. Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the Depreciation Expense for the period under the activity-based method. Note: Enter debits before credits. Transaction General Journal Debit Credit C. Record entry Clear entry View general journal

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