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urrent Attempt in Progress On April 22,2023, Cullumber Enterprises purchased equipment for $132,000. The...

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Accounting

urrent Attempt in Progress
On April 22,2023, Cullumber Enterprises purchased equipment for $132,000. The company expects to use the equipment for 12,000
working hours during its four-year life and that it will have a residual value of $12,000. Cullumber has a December 31 year end and
pro-rates depreciation to the nearest month. The actual machine usage was: 1,300 hours in 2023; 2,900 hours in 2024; 3,800 hours in
2025; 2,800 hours in 2026; and 1,400 hours in 2027.
(a1)
Prepare a depreciation schedule for the life of the asset under the straight-line method. (Round partial-period depreciation
rate to 4 decimal palces, e.g.15.2563% and other answers to 0 decimal places, e.g.5,276.)
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