On April 22, 2016, Blossom Enterprises purchased equipment for$130,000. The company expects to use the equipment for 10,500working hours during its 4-year life and that it will have aresidual value of $12,000. Blossom has a December 31 year end andpro-rates depreciation to the nearest month. The actual machineusage was: 1,500 hours in 2016; 2,500 hours in 2017; 3,500 hours in2018; 2,200 hours in 2019; and 1,000 hours in 2020.
Calculate depreciation expense for the life of the asset understraight-line method.diminshing balance .and unites ofproduction
