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equipment purchase at the beginning of the fiscal year for $410,000 is expected to have...

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Accounting

equipment purchase at the beginning of the fiscal year for $410,000 is expected to have a useful life value of 10 years, or 50,000 operating hours, and a residual value of $10,000. compute the depreciation for the first and second years of use by each of the following methods: (a) straight-line (b) units-of-production (22,000 hours first year; 18500 hours second year) (c) declining -balance at twice the straight line rate round the answer to the nearest dollar.

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