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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 $28,000. The

Shining Cookie Company, Inc., in Murfreesboro, TN bought a new ice cream maker at the beginning of the year at a cost of $28,000. The estimated useful life was four years, and the residual value was $2,080. Assume that the estimated productive life of the machine was 10,800 hours. Actual annual usage was 4,320 hours in year 1; 3,240 hours in year 2; 2,160 hours in year 3; and 1,080 hours in year 4.

Required:

1. Complete a separate depreciation schedule for each of the alternative methods. (Do not round intermediate calculations.)

a. Straight-line.

Year

Depreciation Expense

Accumulated Depreciation

Net Book Value

At acquisition

1

2

3

4

b. Units-of-production (use four decimal places for the per unit output factor).

Year

Depreciation Expense

Accumulated Depreciation

Net Book Value

At acquisition

1

2

3

4

c. Double-declining-balance.

Year

Depreciation Expense

Accumulated Depreciation

Net Book Value

At acquisition

1

2

3

4

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