Southern Fried Chicken bought equipment on January 22, 2018 for $18,000. The equipment was expected to remain in service for four years and to operate for 3,000 hours. At the end of the equipment's useful life, Southern estimates that its residual value will be $3,000. The equipment operated for 300 hours the first year,

900 hours the second year, 1,200 hours the third year, and 600 hours the fourth year.

Prepare a depreciation schedule using the double-declining-balance (DDB) method. (Enter a "0" for any items with a zero value.)

Before calculating the units-of-production depreciation schedule, calculate the depreciation expense per unit. Select the formula, then enter the amounts and calculate the depreciation expense per unit.

I started, but got stuck.

Southern Fried Chicken bought equipment on January 2, 2018, for $18,000. The equipment was expected to remain in service for four years and to operate for 3,000 hours. At the end of the equipment's useful life, Southern estimates that its residual value will be $3,000. The equipment operated for 300 hours the first year, 900 hours the second year, 1,200 hours the third year, and 600 hours the fourth year. Read the requirements. Book DDB Asset Cost 18,000 Depreciation Expense Accumulated Depreciation Book Value Value Rate = $ $ Date 1-2-2018 $ 12-31-2018 12-31-2019 12-31-2020 12-31-2021 18,000 x 9,000 X 4,500 2 x (1/4) 2x (1/4) 9,000 4,500 9,000 13,500 Choose from any list or enter any number in the input fields and then click Check