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VIEW Policies Current Attempt in Progress On June 9.2020. Wildhorse Company purchased manufacturing equipment at a cost of $334,000 Wildhorse estimated that the equipment will

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VIEW Policies Current Attempt in Progress On June 9.2020. Wildhorse Company purchased manufacturing equipment at a cost of $334,000 Wildhorse estimated that the equipment will produce 580,000 units over its 5-year useful life, and have a residual value of $15,000. The company has a December 31 fiscal year end and has a policy of recording a half-year's depreciation in the year of acquisition Calculate depreciation under the straight-line method for 2020 and 2021. Depreciation Expense 2020 $ 2021 $ e Textbook and Media Calculate the depreciation expense under the double diminishing-balance method for 2020 and 2021 Depreciation Expense Calculate the depreciation expense under the double diminishing-balance method for 2020 and 2021 Depreciation Expense 2020 $ 2021 $ e Textbook and Media Calculate the depreciation expense under the units-of-production method, assuming the actual number of units produced was 70,800 in 2020 and 118,100 in 2021. (Round cost per unit to 2 decimal places, e3. 5.27 and round final answers to 0 decimal places, e-3.5.275.) Depreciation Expense 2020 $ 2021 $

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