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Nicole's Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs...

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Accounting

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Nicole's Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS The machlne was purchased at the beginning of the year at a cost of $10,500. The estimated useful life was five years and the residual value was $500. Assume that the estimated productive life of the machine Is 10,000 hours. Expected annual production was year 1, 2,450 hours; year 2, 2,300 hours; year 3, 2,150 hours year 4, 2,100 hours; and year 5, 1,000 hours. References Section Break CC9-1 Accounting for the Use and Disposal of Long- Lived Assets [LO 9-3, LO 9-5 value 3.00 points CC9-1 Part 1 Required 1. Complete a depreciation schedule for each of the alternative methods. (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.) a. Straight-line Depreciation Accumulate Depreciation Year At Acquisition Year 1 Year 2 Year 3 Year 4 Year 5 Book Value Expense b. Units-of-production. Depreciation Accumulate Depreciation Year At Acquisition Year 1 Year 2 Book Value Expense

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