Depreciation by three methods; partial years
Perdue Company purchased equipment on April for $ The equipment was expected to have a useful life of years, or operating hours, and a residual value of $ The equipment was used for hours during Year hours in Year hours in Year and hours in Year
Required:
Determine the amount of depreciation expense for the years ended December Year Year Year and Year by a the straightline method, b the unitsofactivity method, and c the doubledecliningbalance 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 Straightline method
Year Amount
Year $fill in the blank
Year $fill in the blank
Year $fill in the blank
Year $fill in the blank
b Unitsofactivity method
Year Amount
Year $fill in the blank
Year $fill in the blank
Year $fill in the blank
Year $fill in the blank
c Doubledecliningbalance method
Year Amount
Year $fill in the blank
Year $fill in the blank
Year $fill in the blank
Year $fill in the blank
