Years: 5 years Question #2 Cost: $125,000 Salvage Value: $9,720 Total Units Produced: 28,820 units...
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Years: 5 years Question #2 Cost: $125,000 Salvage Value: $9,720 Total Units Produced: 28,820 units Units Produced: Yr. 1 = 3,800 Yr. 2 = 4,200 Yr. 3 = 8,000 Yr. 4 = 6,500 Yr. 5 = 6,320 Part (1) Do the adjusting entry for Year 4 using straight-line depreciation: Part (2) Construct the following table using double-declining balance(DDB) depreciation: Year Begin Book Value DDB Factor Depr Exp End Book Value Part (2) Construct the following table using double-declining balance(DDB) depreciation: Year Begin Book Value Derr/Unit # of Units Derr Exp End Book Value
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