w.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator-&inprogress-f.. Q ☆ gage Learning Answered: Perdue еBook Print Item Depreciation by Three Methods; Partial Years...

Extracted text: w.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator-&inprogress-f.. Q ☆ gage Learning Answered: Perdue еBook Print Item Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $52,650. The equipment was expected to have a useful life of three years, or 3,780 operating hours, and a residual value of $1,620. The equipment was used for 700 hours during Year 1, 1,300 hours in Year 2, 1,100 hours in Year 3, and 680 hours in Year 4. Required: Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method, (b) the units-of-activity method, and (c) the double-declining-balance method. Note: FOR DECLINING BALANCE ONLY, round the final multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar. a. Straight-line method Year Amount Year 1 Year 2 Year 3 %$4 Year 4 b. Units-of-activity method Year Amount Year 1 $4 Year 2 Year 3 Year 4 Next Check My Work Save and Exit Submit Assignment for Gradi Email Instructor All work saved. 167 ty


Extracted text: eBook Print Item a. Straight-line method Year Amount Year 1 Year 2 Year 3 Year 4 b. Units-of-activity method Year Amount Year 1 %$4 Year 2 $4 Year 3 Year 4 c. Double-declining-balance method Year Amount Year 1 Year 2 $4 Year 3 Year 4 Check My Work Save and Exit Fmail Instructor