The compony founder hires us as consultants and asks thst we oversee the accounting for new equipment purchssed on Jsnuary $1.$

The founder wants to know the implications of different deprecistion methods and estimstes for the compony's finsencisl statements.

Those statements will be used to sttract financing from new investors and creditors. At the end of the equipment's first year in

operstion, we are given the following Tableau Doshboard.

Select Firm

Year $1$ Production

Actual

Year $2$ Production

Estimated

Year $3$ Production

Estimated

Year $4$ Production

Estimated

$0$

$25,000$

$50,000$

$75,000$

$100,000$

$125,00C$

Total Units to be Produced

View on Tableau Public

Complete this question by entering your answers in the tabs below.

Required $1A$

Required $1B$

Assume the company uses straight$-$line depreciation for the equipment. At the beginning of the second year, we determine

that the equipment has only two more years of remaining useful life. For Firm C$,$ compute the equipment's book value at the

end of its first year.

Important! Be sure to click the correct Firm at the top of the dashboard.