Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on Apnl 1 for 579,380...
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Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on Apnl 1 for 579,380 . The equipment was expected to have a useful life of thred years, or 8,100 operating hours, and a residual value of 52,430 . The equipment was used for 1,500 hours during Year 1 , 2,800 hours in Year 2, 2,400 haus in Year 3, and 1,400 hours in Year 4. Requiredt Determine the amount of depreciation expence for the years ended December 31, Year 1 , Year 2 , Year 3 , and Year 4 , by (a) the straight-line method, (b) units-of-activity miethod, and (c) the doutle-dedirang balance-method: Note: FOR DECLINIRG BALANCE ONLY, round the maltiglier to four decimal places. Then round the answer for each year to the nearnst whole dollar. a. Straight-line nrethod b. Units-of-activity methad
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