can you show work for even the parts i have correct please ...
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can you show work for even the parts i have correct please
Metlock Company purchases equipment on January 1 Year 1. at a cost of $528,000. The asset is expected to have a service life of 12 years and a salvage value of $47.520. Your answer is correct Compute the amount of depreciation for each of Years 1 through 3 using the straight-line depreciation method (Round answers to o decimal places, e.3. 5.125.) $ 40040 Depreciation for Year 1 Depreciation for Year 2 $ 40040 Depreciation for Year 3 $ 40040 eTextbook and Media Your answer is correct. Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-the-years-digits method. Depreciation for Year 1 5 73920 Depreciation for Year 2 $ 67760 Depreciation for Year 3 $ 61600 eTextbook and Media Your answer is incorrect Compute the amount of depreciation for each of Years 1 through 3 using the double-declining balance method (Round depreciation rate to 2 decimal places, es. 15.84%. Round answers to 0 decimal places, es. 45,892) Depreciation for Year 1 $ Depreciation for Year 2 $ Depreciation for Year 3 5
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