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You have been hired by Patterson Planning Corp., an events planning company that recently had a fire in which some of the accounting records were
You have been hired by Patterson Planning Corp., an 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 $4.30 per hour.
| Year | Schedule A | Schedule B | Schedule C |
| 1 | $8,000.00 | $10,125.00 | $8,600.00 |
| 2 | 4,800.00 | 13,500.00 | 6,450.00 |
| 3 | 2,880.00 | 13,500.00 | 7,310.00 |
| 4 | 1,728.00 | 13,500.00 | 6,450.00 |
| 5 | 592.00 | 3,375.00 | 4,300.00 |
| 6 | 6,880.00 | ||
| 7 | 4,730.00 | ||
| 8 | |||
| Total | $18,000.00 | $54,000.00 | $44,720.00 |
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