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Show Me How Dexter bedtes purchased packaging equipment on January for 5647,000. The equipment was expected to have a useful the of four years,
Show Me How Dexter bedtes purchased packaging equipment on January for 5647,000. The equipment was expected to have a useful the of four years, operating, and value of $55,000. The equipment was used for 2,300 hours during Year 1, 1,428 hours in war 2, 1.504 hours in Year 3 and 1,08 hours in Year 4 Bequired: 1. Determine the amount of depreciation expense for the four years ending December 21 by (a) the straight e method, (1) the sofatty method, and (3) the declining balance method. Als determine the total depreciation expense for the four years by each method. Round the answer for each year to the nearest whole dollar Year Year 1 Year 2 Year 2 Year Tutal Depreciation Expense Straight Line Method Units-of-Activity Method Double Declining Balance Method Double declinin balame method 3. What method yields the most depreciation over the four-year life of the ment All three depreciation methods Att is a value equal depordable out Gum the yearly Annual units of production depredation alocates the cast of the asst depreciation to determine total deptation ally one the units produced (hours), de
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