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CC$9-1($Static$)$ Accounting for the Use and Disposal of Long$-$Lived Assets $[$LO $9-3,$ LO $9-5]$

NNicole's Getaway Spa $($NGS$)$ purchased a hydrotherapy tub system to add to the wellness programs at NGS$.$ The machine

was purchased at the beginning of the year at a cost of $$7,000.$ The estimated useful life was five years and the residual

value was $$500.$ Assume that the estimated productive life of the machine is $13,000$ hours. Expected annual production

was year $1,3,100$ hours; year $2,2,500$ hours; year $3,3,400$ hours; year $4,2,200$ hours; and year $5,1,800$ hours.

CC$9-1($Static$)$ Part $1$

Requlred:

Complete a depreclation schedule for each of the alternative methods.

a$.$ Straight$-$Ine.

b$.$ Units$-$of$-$production.

c$.$ Double$-$declining$-$balance.

Complete this question by entering your answers in the tabs below.

Req$1A$

Req $1$B

Req $1B$

Req $1C$

Complete a depreciation schedule for straight$-$line method. $($Do not round intermediate calculations. Round your final answers

to the nearest dollar amount.$)$icole$$s Getaway Spa $($NGS$)$ purchased a hydrotherapy tub system to add to the wellness programs at NGS$.$ The machine was purchased at the beginning of the year at a cost of $$7,000.$ The estimated useful life was five years and the residual value was $$500.$ Assume that the estimated productive life of the machine is $13,000$ hours. Expected annual production was year $1,3,100$ hours; year $2,2,500$ hours; year $3,3,400$ hours; year $4,2,200$ hours; and year $5,1,800$ hours.

CC$9-1($Static$)$ Part $1$

Required:

Complete a depreciation schedule for each of the alternative methods.

Straight$-$line.

Units$-$of$-$production.

Double$-$declining$-$balance.

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