# I ONLY NEED THE ANSWERS FOR TH

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Question description

Depreciation by Three Methods; Partial Years

Perdue Company purchased equipment on April 1, 2014, for \$270,000. The equipment was expected to have a useful life of three years, or 18,000 operating hours, and a residual value of \$9,000. The equipment was used for 7,500 hours during 2014, 5,500 hours in 2015, 4,000 hours in 2016, and 1,000 hours in 2017.

Required:

Determine the amount of depreciation expense for the years ended December 31, 2014, 2015, 2016, and 2017, by (a) the straight-line method, (b)units-of-output method, and (c) the double-declining-balance method

Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar.

a.  Straight-line method

 Year Amount 2014 \$ 2015 \$ 2016 \$ 2017 \$

b.  Units-of-output method

 Year Amount 2014 \$ 2015 \$ 2016 \$ 2017 \$

c.  Double-declining-balance Method

 Year Amount 2014 \$ 2015 \$ 2016 \$ 2017 \$

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