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5. The Hilton Company purchased equipment for $250,000 on September 1, 2017. The equipment has...

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Accounting

5. The Hilton Company purchased equipment for $250,000 on September 1, 2017. The equipment has an estimated service life of 6 years and an estimated residual value of $10,000.
Compute the depreciation expense for 2017 and 2018 using each of the following methods:
(Record answers to two decimal points)

straight line:

2017:

2018:

sum of the years digits:

2017:

 2018:

Double declining Balance:

2017:

 2018:

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