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1. Fill in depreciation expense in year 3 under each depreciation method when residual value is $30,000 and useful life is 3 years:
| Depreciation method: | |
| Straight-line: | |
| Units-of-Output: | |
| Double-declining: | |
2. Fill in the book value at the end of year 1 under each depreciation method when residual value is $36,000 and useful life is 4 years:
| Depreciation method: | |
| Straight-line: | |
| Units-of-Output: | |
| Double-declining: | |
3. Move the Useful Life slider from 3 years to 4 years and complete the sentence.
Depreciation expense each year under every method is_____________ when the cost is spread over a longer useful life.
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