F Corporation purchased equipment for $450,000. Residual value
at the end of the estimated 6 years or 150,000 hours service life
is expected to be $60,000.
Using Straight-line depreciation, determine:
Book value at the end of year
3 $_____
Using 180% declining balance depreciation,
determine:
Depreciation expense for year
2 $_____
Depreciation expense for year
3 $_____
Year
Hours used
1
25,000
2
24,900
3
25,100
4
25,400
5
25,100
6
24,500
Using Activity based depreciation, determine:
Depreciation expense for year
3 $____
Book value...