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The company founder hires us as consultants and asks that we oversee the accounting for new equipment purehased on January 1 . The founder wants

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"The company founder hires us as consultants and asks that we oversee the accounting for new equipment purehased on January 1 . The founder wants to know the implications of different depreciation methods and estimates for the compony's finincial stattements. Those statements will be used to attract financing from new investors and creditors. At the end of the equipmentrs first year in operation, we are given the following Tableau Dashboard. Actual \& Estimated Units-of-Production Vear 1 Production Year 2 Preduction Ynar 3 Production Year 4 Production Estimated 25,00070,000100,000125,000 Total Units to be Produced se2+ableau 1. Caiculate the depreciable cost of the equipment on lanuary 1 2. Determine the equipment's firstyear depreciation under the straight-tine method. 3. Determine she equipment's bojok value on the end of the first yeer after recording depreciation under the straight-tine mechod. 4. Calculate the depreciable cost of the equipment on January 1. 2. Determine the equipment's first-year depreciation under the straight-line method. 3. Determine the equipment's book value at the end of the first year after recording depreciation under the straight ine method Complete this question by entering your answers in the tabs below. Caiculate the deprectable cost of the equipment on January 1. 1. Calculate the depreciable cost of the equipment on January 1. 2. Determine the equipment's first-year depreciation under the straight-line method. 3. Determine the equipment's book value at the end of the first year after recording depreciation under the straight-line method. Complete this question by entering your answers in the tabs below. Determine the equipment's first-year depreciation under the straight-line method. Calculate the depreciable cost of the equipment on January 1 . . Determine the equipment's first-year depreciation under the straight-line method. Determine the equipment's book value ot the end of the first year after recording depreciation under the straight-line inethol Complete this question by entering your answers in the tabs below. Determine the equipment's book value at the end of the first year after recording depreciation under the straighe-iline mathoe

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