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You have been hired by Pafterson& Associates, a small events planning company that recently had a fire in which some of the accounting records were

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You have been hired by Pafterson& Associates, a small events planning company that recently had a fire in which some of the accounting records were damaged In reviewing the fixed asset records, you find three depreciation schedules that are not labeled. They are listed in the following table. One of the assets has a depreciation rate of $4.40 per hour. Year Schedule A Schedule B Schedule C 1 $6,000.00 $10.125.00 $8,800.00 2 3,600.00 13,500.00 6,600.00 3 2.160.00 13,500.00 7,480.00 4 1,296.00 13,500 00 6,600.00 5 444 00 3.375.00 4400,00 7,040.00 4,84000 Total $13.500 00$54 000 00 $45,760.00 Review the depreciation schedules on the Paterson & Associates panel, then answer the following questions 1 How would you edjust Schedute B if, at the beginning of Year $2 500 lower? 3 the asset was eatimated to nave 3 more years of lite remaining, but with a residval value that was The total depreciation for this asset now wil be S The depreciation amount for Year 3 will be Points0/2

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