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Wildhorse Productions Ltd. purchased equipment on February 1, 2024, for $81,500. The company estimated the equipment would have a useful life of three years and
Wildhorse Productions Ltd. purchased equipment on February 1, 2024, for $81,500. The company estimated the equipment would have a useful life of three years and produce 10,500 units, with a residual value of $16,400. During 2024 , the equipment produced 5,000 units. On October 31,2025 , the equipment was sold for $18,000; it had produced 4,500 units that year. Complete the following schedule for each method of depreciation and compare the total expense over the two-year period. 'Round answers to 0 decimal places, e.g. 5,275.)
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