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Question 3 of 7 > - / 6 On June 9. 2020. Cullumber Company purchased...

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Question 3 of 7 > - / 6 On June 9. 2020. Cullumber Company purchased manufacturing equipment at a cost of $367.000 Cullumber estimated that the equipment will produce 640.000 units over its 4-year useful life, and have a residual value of $15.000. The company has a December 31 fiscal year end and has a policy of recording a hait-Year's depreciation in the year of acquisition Calculate depreciation under the straight-line method for 2020 and 2021 Depreciation Expense 2020 S 2021 $ e Textbook and Media Question 3 of 7 > - 76 III Calculate the depreciation expense under the double diminishing-balance method for 2020 and 2021. Depreciation Expense 2020 $ 2021 $ e Textbook and Media Calculate the depreciation expense under the units-of-production method, assuming the actual number of units produced was Question 3 of 7 -76 Calculate the depreciation expense under the units-of-production method, assuming the actual number of units produced was 70.800 in 2020 and 118,600 in 2021. (Round cost per unit to 2 decimal places, eg. 5.27 and round final answers to decimal places, es 5.275) Depreciation Expense 2020 $ 2021 $ e Textbook and Media Attempts: 0 of 3 used Submit

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