13. Shining Cookie Company, Inc., in Murfreesboro, TN bought a new ice cream maker...
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Accounting
13.
Shining Cookie Company, Inc., in Murfreesboro, TN bought a new ice cream maker at the beginning of the year at a cost of $12,000. The estimated useful life was four years, and the residual value was $960. Assume that the estimated productive life of the machine was 9,200 hours. Actual annual usage was 3,680 hours in year 1; 2,760 hours in year 2; 1,840 hours in year 3; and 920 hours in year 4.
Required 1. Complete a separate depreciation schedule for each of the alternative methods. (Do not round intermediate calculations.) a. Straight-line eprec Year Book Value At acquisition b. Units-of-production (use four decimal places for the per unit output factor). Year Book Value At acquisition c. Double-declining-balance. Accumu Net Book Value iation Year At acquisition
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