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Saved At the beginning of 2017, your company buys a $28,000 piece of equipment that it expects to use for 4 years. The equipment has

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Saved At the beginning of 2017, your company buys a $28,000 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 2,000. The company expects to produce a total of 200,000 units. Actual production is as follows: 50,000 units in 2017, 49,000 units in 2018,50,000 units in 2019, and 51,000 units in 2020, Required: a. Determine the depreciable cost. b. Calculate the depreciation expense per year under the straight-line method. c. Use the straight-line method to prepare a depreciation schedule d. Calculate the depreciation rate per unit under the units of production method e. Use the units of production method to prepare a depreciation schedule Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Use the straight-line method to prepare a depreciation sch Depreciation Expense Year Acquisition Cost Accumulated Depreciation Net Book Value 2018 2019 2020 At the beginning of 2017, your company buys a $28,000 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 2,000. The company expects to produce a total of 200,000 units. Actual production is as follows: 50,000 units in 2017, 49,000 units in 2018,50,000 units in 2019, and 51,000 units in 2020, Required: a. Determine the depreciable cost. b. Calculate the depreciation expense per year under the straight-line method. c. Use the straight-line method to prepare a depreciation schedule. d. Calculate the depreciation rate per unit under the units of production method e. Use the units of production method to prepare a depreciation schedule Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Use the units of production method to prepare a depreciation schedule. (Do not round your Depreciation rate per unit.) Depreciation Accumulated Expense Depreciation Net Book Value Acquisition Cost 2017 2018 2019 2020

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