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The company decided to depreciate equipment using units of production, The table below contains details of production for the following years and some additional information
The company decided to depreciate equipment using units of production, The table below contains details of production for the following years and some additional information Period Units produced 2018 12000 2019 22000 2020 28000 2021 30000 2022 18000 The equipment is estimated to have the capacity to produce 90,000 units. The salvage value of the equipment is $ 30,000 REQUIRED 1. Make a depreciation schedule for the equipment purchased. 2. Journalize the deprecation expense for 2019. 3. Give a balance sheet extract for 2021
equipment= 160,000
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