Evaluate the depreciation expense for the second years

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Reference no: EM1376197

On 2nd January,2000 Hardees purchased a new stove that will cook 1 million burgers. the stove cost #32,000, has an estimated useful life of four years, and has an expected resale value of $2,000. The first year 200,000 burgers were cooked and in the second year, 235,000 burger were cooked.

Evaluate the depreciation expense for the second years of operation using (a) straight-line method, (b) units of production, (c) declining balance method at twice the straight line rate and (d) sum of the years method.

Reference no: EM1376197

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