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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
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 44400 3.375.00 440000 7,040.00 4,840.00 Total $13 500 00 $54 000 00 $45.760 00 2. For each of the depreciation schedules shown on the Patterson & Associates panel fill in the following information Leave any cells blank that cannot be determined from the depreciation schedule. Useful life Asset cost Total operating hours Points:6 12
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