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Wonder Fried Chicken bought equipment on January 2, 2016, for $33,000. The equipment was expected to remain in service for four years and to perform

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Wonder Fried Chicken bought equipment on January 2, 2016, for $33,000. The equipment was expected to remain in service for four years and to perform 6,750 fry jobs. At the end of the equipment's useful life, Wonder estimates that its residual value wil be $6,000. The equipment performed 675 jobs the first year, 2,025 the second year, 2,700 the third year, and 1,350 the fourth year Requirements 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods. Show your computations. Note: Three depreciation schedules must be prepared 2. Which method tracks the wear and tear on the equipment most closely? Requirement 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods. Show your computations. Note: Three depreciation schedules must be prepared Begin by preparing a depreciation schedule using the straight-ine method Straight-Line Depreciation Schedule Depreciation for the Year Expense DepreciationValue Date Cost Cost Rate 1-2-2016 12-31-2016 Choose from any list or enter any number in the input fields and then continue to the next

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