Question 5: Forty-Niner Co purchased a computer for$325,000 on January 2, 2017. The company expects the computer tolast for 8 years or 15,000 hours of operation, with an estimatedresidual value of $25,000. During 2017 the computer was operatedfor 2,000 hours, while in 2018 it was operated for 2,600 hours .Required: Calculate the depreciation expense for the computer for2017 and 2018 using the following depreciation methods: a)Straight-line. b) Declining-balance at twice the straight-linerate. c) Units-of-production.
