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You are required we ue the information in the rable above to compuite the foluwite - a) Use four methods to calcilste the enaine inventory, and cost of geods nold under a ach method. b) Prepare a summary table and araine it. Additional data seling price for stect. 1 ate - 200 wnits 8$4 and 700 anitu 8$20 2. Repreviation is last foe 5 years at which sime the salvage valse is 5,000 . b. A tusiness ponteses a car at \$16,000, which has s resideal valie or 54000 a the eare aring the Reducing Pwlence Method. year uactil life. i. Doshle Declining llalance ii. Sum-of-the Yewr Digin 1. Soppoac, wa and has oriphal ent 570,000 , salvequ value 516.000, and in ropecned so produce 1,900 arite an the ead of the firn year, which insorises by 100 arias rach year Prodiction methed. You are required we ue the information in the rable above to compuite the foluwite - a) Use four methods to calcilste the enaine inventory, and cost of geods nold under a ach method. b) Prepare a summary table and araine it. Additional data seling price for stect. 1 ate - 200 wnits 8$4 and 700 anitu 8$20 2. Repreviation is last foe 5 years at which sime the salvage valse is 5,000 . b. A tusiness ponteses a car at \$16,000, which has s resideal valie or 54000 a the eare aring the Reducing Pwlence Method. year uactil life. i. Doshle Declining llalance ii. Sum-of-the Yewr Digin 1. Soppoac, wa and has oriphal ent 570,000 , salvequ value 516.000, and in ropecned so produce 1,900 arite an the ead of the firn year, which insorises by 100 arias rach year Prodiction methed

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