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It's Really Chicken! bought equipment on January 1 2018 , for $21,700.

The equipment was expected to remain in service for 4 years and to perform 3,580 fry jobs.

At the end of the equipment's useful life, It's Really Chicken! estimates that its residual value will be $3,100.

The equipment performed 300 jobs the first year, 1,000 the second year, in the third year it did 1,540 jobs, and the fourth year, 740.

Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods.

Note: Input rates as the decimal value.

Straight-Line Depreciation Schedule
Depreciation for the Year
Date Asset CostDepreciable CostDepreciation RateDepreciation ExpenseAccumulated DepreciationBook Value
01/01/18$21,700 $21,700
12/31/18 
12/31/19 
12/31/20 
12/31/21 


Units-of-Production Depreciation Schedule
Depreciation for the Year
Date Asset CostDepreciation per Unit Number of UnitsDepreciation ExpenseAccumulated DepreciationBook Value
01/01/18$21,700 $21,700
12/31/18 
12/31/19 
12/31/20 
12/31/21 


Double-Declining Balance Depreciation Schedule
Depreciation for the Year
Date Asset CostBook ValueDDB Rate Depreciation ExpenseAccumulated DepreciationBook Value
01/01/18$21,700 $21,700
12/31/18 
12/31/19 
12/31/20 
12/31/21 


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