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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

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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 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 $8,000.00 $10,125.00 $8,800.00 2 4,800.00 13,500.00 2,880.00 13,500.00 7.480.00 1,728.00 13,500.00 6,600.00 592.00 3,375.00 4,400.00 7,040.00 4,840.00 Total $18,000.00 $54,000.00 $45,760.00 in the following information. Leave any cells blank that cannot be 2. For each of the depreciation schedules shown on the Patterson Planning Corp. panel, determined from the depreciation schedule. Useful life Residual value 5 $2,000 $20,000 Asset cost $54,000 X 10,400 Total operating hours

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