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You are required to use the information in the table above to compute the following: a) Use four metheds to calcalate the ending Inventory, and

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You are required to use the information in the table above to compute the following: a) Use four metheds to calcalate the ending Inventory, and cost of goods soid under each method. b) Prepare a summary table and analyse it. Additional date selling ptice for socC: (1) Jan 15 sale - 200 units 6514 , (2) Aprit 1th sale-200 units ef15, (3) Nov 1It sale 200 unlts e $14 and 100 units e $20 2. Benrotation a. On 1 Aqril, 2011, Company A purchasod a machine at the coot of 517,000 . It is erpected to last for 5 years, at watich time the salvage value is $2,000. Compute the armual degreciation expense asing the Straight line method. b. A business purchases a car at $16,000, which has a residual value of S4,900 to be ased for 4 years. If the car depreciates at an annual rate of 30N, oompele the degruciation rate using the Reducing Balance Method. c. Suppose a business has an asset with 51,000 original cost, 5100 salvage saloc, and 5 years useful life. Compuse the annual depreciation expense using the following methods: 1. Double Declining Balunce i. Sum-of- the-Years Dighs d. Suppose, an assed has original cost 570,000 , salvage valae $10,000, and is expected so produce 1,000 units at the end of the first year, which increases by 100 arits each year during the nest four years. Coenguse the areval depecciation expense uring the Lritt-ofProduction method

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