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Shining Cookie Company, Inc., in Murfreesboro, TN bought a new ice cream maker at the beginning of the year at a cost of $22,000. The
Shining Cookie Company, Inc., in Murfreesboro, TN bought a new ice cream maker at the beginning of the year at a cost of $22,000. The estimated useful life was four years, and the residual value was $2,000. Assume that the estimated productive life of the machine was 10,000 hours. Actual annual usage was 4,000 hours in year 1; 3,000 hours in year 2; 2,000 hours in year 3; and 1,000 hours in year 4 Required . Complete a separate depreciation schedule for each of the alternative methods. (Do not round intermediate calculations.) a. Straight-line epreciation mu Net Year nse on Book Value At acquisition b. Units-of-production (use four decimal places for the per unit output factor). iationAccumul et Year Expense tion Book Value At acquisition c. Double-declining-balance. Depreciation Accumulated Net Year Expense Depreciation Book Value At acquisition 4
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