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  3. value will be $6,000. the equipment operated for 5

value will be $6,000. The equipment operated for 525 hours the first year, 1,575 hours...

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Accounting

value will be $6,000. The equipment operated for 525 hours the first year, 1,575 hours the second year, 2,100 hours the third year, and 1,050 hours the fourth year.
Read the requirements. computations. Note: Three depreciation schedules must be prepared.
Begin by preparing a depreciation schedule using the straight-line method.
Straight-Line Depreciation Schedule
\table[[Date,\table[[Asset],[Cost]],Depreciation for the Year,,\table[[Accumulated],[Depreciation]],\table[[Book],[Value]]],[\table[[Depreciable],[Cost]],,\table[[Useful],[Life]],,\table[[Depreciation],[Expense]]],[1-2-2024
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