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The equipment cost $204,800 and has a useful lite of 8 years. The estimated residual value is $24,000 and the equipment is estimated to produce
The equipment cost $204,800 and has a useful lite of 8 years. The estimated residual value is $24,000 and the equipment is estimated to produce 1 100 broomstice The actual number of broomstides produced each year is given in the table below: Year 2 Broomsticks Produced 165 220 165 143 3 4 132 5 6 110 7 8 9 110 55 0 0 10 1. Input your answers into the depreciation schedules below There may be more rows in the tables than you need. so, leave the blank. Straight Line Depreciation Depreciation Expanse Accumulared Depredao Year End of You Book Value 1 2 3 4 S 6 7 8 9 10 Beginning of Year Book Value Double Dedining Balance Depreciation Depreciation Expande Accumuland Depreciation End of Year Book Value Year 1 2 3 4 4 5 6 2 8 9 9 10 Sum of the Yearsis Depreciation Depreciation Expanse Accumulated Depreciation Year End of Yea Book Valve 1 2 2 3 4 5 6 7 8 9 10 Units-of-Production Depreciation Depreciation Expense Accumuland Depreciation Yea End of Year Book Valve 1 2 3 4 5 6 7 8 9 10 2. Place your two graphs comparing the depreciation methods in the space below ber graph for depreciation expense and Nine graph for bookvalet Your graphs should have dearly labeled axes and title. Place the graphs side by side horinallyin the pace provided A sheet that automatically populares with some of the information from the depreciation schedules abow is provided to help you in creating defaphs QudityQuidditch Supplies purchas come now auipement to helpin the manufacturing of high quality broomstick linformation about the equipment is given bdlow. They have asked that you provide the following (1)Adapreciation schedule for the equipment using thefollowing depreciation methods. Saight line, Double Dedining Balance Sum of the Yeasoigts, and units of Production 2)Twographs to help management understand the differences between the depreciation methods (a linegraph for book values and aline graph for depreciation opene)
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