Nicoles getaway spa ngs purchased a hydrotherapy tub system

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Reference no: EM13594455

Nicole's Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased at the beginning of 2014 at a cost of $15,500. The estimated useful life was five years, and the residual value was $1,500. Assume that the estimated productive life of the machine is 10,000 hours. Expected annual production was: year 1, 2,350 hours; year 2, 2,500 hours; year 3, 2,050 hours; year 4, 2,100 hours and year 5, 1,000 hours.

REQUIRED: Complete a depreciation schedule for each of the alternative methods: Straight Line, Units Of Production, Double Declining.

Reference no: EM13594455

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