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Week 6 Homework cBook Calculator 1. PR.10-02.ALGO Depreciation by Three Methods; Partial Year's 2. PR.10-03.ALGO Perdue Company purchased equipment on April 1 for $33,210. The
Week 6 Homework cBook Calculator 1. PR.10-02.ALGO Depreciation by Three Methods; Partial Year's 2. PR.10-03.ALGO Perdue Company purchased equipment on April 1 for $33,210. The equipment was expected to have a useful life of three years, or 3,780 Operating hours, and a residual value of $1,050. The equipment was used for 700 hours during Year 1, 1,300 hours in Year 2, 1, 100 hours in Year 3, and 650 hours in Year 4. 3. EX.11-12.ALGO Required: 4. PR.11-03. ALGO Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 1, by (a) the straight-line method, (b) units-of-activity method, and (c) the double-declining-balance method. Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whale dollar a. Straight line method Year Amount Year 1 $ Year 2 $ Year 3 $ Year 1 b. Units-of-activity method Year Amount Year 1 Year 2 $ Year 3 $ Year 4 Double declining balance method Year Amount Year 1 Year 2 Year 3 Check My Work Previous Next Progress: 214 Items Assignment Score: 44.64% Save and Exit Submit Assignment for Grading Week 6 Homework cBook Calculator $1,000. The equipment was used for 700 hours during Year 1, 1,300 hours in Year 2, 1,100 hours in Year 3, and 680 hours in Year 4. Required: 1. PR.10-02.ALGO 2. PR.10-03.ALGO 3. EX.11-12.ALGO Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method, (b) units-of-activity method, and (c) the double-declining-balance method. Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for cach year to the nearest whole dollar. 4. PR.11-03. ALGO Straight-line method Year Amount Year 1 $ Year 2 $ Year 3 $ si Year 4 b. Units-of-activity method Year Amount Year 1 Year 2 $ Year 3 Year 4 $ c. Double-declining-balance method Ycar Amount Year 1 Year 2 $ Year 3 $ Year 4 $ Check My Work Previous Next Progress: 214 Items Assignment Score: 44.64% Save and Exit Submit Assignment for Grading
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