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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 $18,000. The
Shining Cookie Company, Inc., in Murfreesboro, TN bought a new ice cream maker at the beginning of the year at a cost of $18,000. The estimated useful life was four years, and the residual value was S1,840. Assume that the estimated productive life of the machine was 10,100 hours. Actual annual usage was 4,040 hours in year 1; 3,030 hours in year 2: 2,020 hours in year 3; and 1,010 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 Book Value At acquisition b. Units-of-prodcton (use four decimal places for the per unit output factor). Year Book Value At acquisition c. Double-declining-balance Year Book Value At acquisition
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