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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 $13,200. The
Shining Cookie Company, Inc., in Murfreesboro, TN bought a new ice cream maker at the beginning of the year at a cost of $13,200. The estimated useful life was four years, and the residual value was $980. Assume that the estimated productive life of the machine was 9,400 hours. Actual annual usage was 3,760 hours in year 1; 2,820 hours in year 2, 1,880 hours in year 3, and 940 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 preciation Accumulated Expense Net Year DepreciationBook Value At acquisition b. Units-of-production (use four decimal places for the per unit output factor). Depreciation Accumulated Net Year Expense DepreciationBook Value At acquisition c. Double-declining-balance Depreciation Accumulat Net Year Expense Depreciation Book Value At acquisition
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