urrent Attempt in Progress

On April $22,2023,$ Cullumber Enterprises purchased equipment for $$132,000.$ The company expects to use the equipment for $12,000$

working hours during its four$-$year life and that it will have a residual value of $$12,000.$ Cullumber has a December $31$ year end and

pro$-$rates depreciation to the nearest month. The actual machine usage was: $1,300$ hours in $2023$; $2,900$ hours in $2024$; $3,800$ hours in

$2025$; $2,800$ hours in $2026$; and $1,400$ hours in $2027.$

$($a$1)$

Prepare a depreciation schedule for the life of the asset under the straight$-$line method. $($Round partial$-$period depreciation

rate to $4$ decimal palces, e$.$g$.15\mathrm{.}2563\%$ and other answers to $0$ decimal places, e$.$g$.5,276.)$