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Seconds Fried Chicken bought equipment on January 2, 2016 for $36,000. The equipment was expected to remain in service for four years and to perform

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Seconds Fried Chicken bought equipment on January 2, 2016 for $36,000. The equipment was expected to remain in service for four years and to perform 7500 by the end of the Second that is residual value will be 56,000. The equipment performed 750 jobs the first year 2.250 the second year 3,000 the third year, and 1.500 the fourth year Requirements 1. Prepare a schedule of depreciation expense accumulated depreciation, and book wale per year for the men under the three depreciation methods. Show your computations. Not Three depreciation schedul prepared 2. Which method tracks the wear and tear on the g ent mostly? e Requirement 1. Prepare a schedule of depreciation expense accumulated deprecation, and book value per year for the equipment under the three depreciation methods Show your computation Ne Three depreciation schedules must be prepared Begin by preparing a depreciation schedule using the straight line method Straight-Line Depreciation Schedule Depreciation for the Year Asset Depreciabile Depreciation Depreciation Accumulated Date Cost Rate Expense Depreciation 1-2-2016 12: 31 2016 Cost Choose from any list of enter any number in the input and then click Check Answer Check Answer 4 A parts CA aning Type here to search TOSHIBA W ERT D F G H S

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