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.

compute double declining balance for all 4 years Year 1: computation- depreciation expense- accumulated depreciation- net book value- year 2: year 3: year 4: