Prepare a schedule of depreciation expense

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Crackling fried chicken broth equipment on January 2, 2016, for $21,000.The equipment was expected to remain in service for four years and to perform 3600 fry jobs. At the end of the equipment useful life, cracklings estimates that the equipment will have a residual value of $3000.

Equipment equipment performed 360 jobs the first year, 1080 the second year, 1440 the third year, and 720 the fourth year

Question 1: Prepare a schedule of depreciation expense, accumulated depreciation, and book value Per year for the equipment under the three depreciation methods show your computations

Reference no: EM132940586

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