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Sheridan Company purchased equipment on account on September 3, 2022, at an invoice price of $186,000. On September 4, 2022, it paid $4,300 for delivery

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Sheridan Company purchased equipment on account on September 3, 2022, at an invoice price of \$186,000. On September 4, 2022, it paid $4,300 for delivery of the equipment. A one-year, $1,925 insurance policy on the equipment was purchased on September b : 2022. On September 20, 2022. Sheridan paid $3.700 for installation and testing of the equipment. The equipment was ready for use on October 1,2022. Sheridan estimates that the equipment's useful life will be four years, with a residual value of $15,000, It also estimates that, in terms of activity, the equipment's useful life will be 71.600 units. Sheridan has a September 30 fiscal year end. Assume that actual usage is as follows: Prepare depreciation schedules for the life of the asset under the following depreciation methods: 1. straight-line 2. double diminishing-balance, assuming a rate of 50% 3. units-of-production (Round depreciable amount per unit to 2 decimal places, es. 5.27 and the final answers to 0 decimal ploces, es. 5,276) 3. UNITS-OF-PRODUCTION (c) The parts of this question must be completed in orden. This part will be available when you complote the pirt above. Question Part Score

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