Homework: Chapter 9 Score: 0 of 16 pts E9-20 (similar to) 12 of 14 (1 Delicious Fried Chicken bought equipment on January 2, 2018, for $39.000. The equipment was expected to remain in service for four years and to operate for 11,00 3,300 hours the second year, 4,400 hours the third year, and 2,200 hours the fourth year Read the requirements Requirement 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation met Begin by preparing a depreciation schedule using the straight-line method Straight Line Depreciation Schedule Depreciation for the Year Asset Depreciable Useful Depreciation Accumulated Book Date Cost Cost Life Expense Depreciation Value 1-2-2018 12-31-2018 12-31-2019 12-31-2020 12-31-2021 Homework: Chapter 9 E920 ( 0) 12 of 14 (10 complete) ed to remain in service for four years and to operate for 11,000 hours. At the end of the equipment's useful life, Delicious estimatest ue per year for the equipment under the three depreciation methods: straight-line, units-of-production, and double-declining balance. S Book Value 0 Requirements 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods straight-line, units-of-production, and double-declining balance. Show your computations. Note: Three depreciation schedules must be prepared. 2. Which method tracks the wear and tear on the equipment most closely? Print Done score: 10 12 of 14 (10 complete) HW Score: 34.29%, 25.72 of 75 pts E9-20 (similar to) Question Help Delicious Fried Chicken bought equipment on January 2 2018 for $39.000 The equipment was expected to remain in service for four years and to operate for 11 000 hours Al the end of the equipment's useful ife Delicious estimates that its residual value will be $6.000 The equipment operated for 1.100 hours the first year 3300 hours the second year 4000 hours the third year and 2 200 hours the fourth year Read the requirements vorko mesed Requirement 1. Prepare a schedule of depreciation expense accumulated derection and book value per year for the equipment under the three depreciation methods straight line units of production, and double declining balance Show your computations Note Three depreciation schedules must be prepared npts: Begin by preparing a depreciation schedule using the straight line method thomer Straight Line Depreciation Schedule Submi Depreciation for the Year Asset Depreciable Useful Depreciation Accumulated Book Cost Cost Expense Depreciation 29-1 12. 2018 12.31-2018 59.11(st 12-31-2019 1231-2020 12-31-2021 Date 5 similar to similar to to similar tolian Choose from any stor enter any number in the input and then ck Check Answer Ats Save Home Homework: Chapter 9 Score: 0 of 16 pts Until y E9-20 (similar to) 12 of 14 (10 complete) HW Score: 34 29%, 25.72 of 75 pts Question Help me: Delicious Fried Chicken bought equipment on January 2 2018 for $39.000. The equipment was expected to remain in service for four years and to operate for 11,000 hours. At the end of the equipment's useful life, Delicious estimates that its residual value will be $6.000. The equipment operated for 1.100 hours the first year, 3,300 hours the second year 4.400 hours the third year, and 2 200 hours the fourth year, Read the requirements st Worke urrent Scd Requirement 1. Prepare a schedule of depreciation expense accumulated depreciation, and book value per year for the equipment under the three depreciation methods straight-line, units of produ c ha.. les must be prepared Requirements tempts: his home ate Submi Begin by preparing a depreciations Straight Line Depreciation Schedd Depre Asset Cost Date 1. Prepare a schedule of depreciation expense accumulated depreciation and book value per year for the equipment under the three depreciation methods straight-ne units of production, and double declining balance Show your computations. Note: Three depreciation schedule must be prepared 2. Which method tracks the wear and tear on the equipment most closely 009-16 59-3 (sin 59-11 (si 19-23 1-2-2018 12-31-2018 12-31 2019 12.31-2020 12-31-2021 5 similar to) (1 o similar to 0 (similar to 10 Print Done see what to Choose from any list or enter any number in the input felds and then click Check Answer OK A 4 parts min Clear All Check Answer Check Arower This course ACC 121-610 WINTER20001 is based on Maler Mobile Martor Homer's Financial Managerial Accounting