Computing Depreciation under Alternative Methods Punty Ice Cream Company bought a new ice cream maker at the beginning of the yen’ at a caq of s9,000. The estimated useful life was four years, and the residual value was S1,000. Assume that the ii-%; iv mated productive life of the machine was 16,000 hours. Actual annual usage was 5,500 hours in yea- id 3 :goo hours in year 2; 3,200 hours in year 3; and 3,500 hours in year 4,
required: w complete a separate depreciation schedule for each of the alternative methods. Round your answers tO the nearest dollar. a. Straight-line. b. Units-of-production (use four decimal places for the per unit output factor). C. Doubleedeclittingebalance.
Method:
Depreciation ‘ear Computation Expense At acquisition 2 etc.
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