E10.5 (LO 1) (Depreciation Computations-Four Methods) Robert Parish Corporation purchased a new machine for its assembly process on August 1, 2025. The cost of this machine was $117,900. The company estimated that the machine would have a salvage value of $12,900 at the end of its service life. Its life is estimated at 5 years, and its working hours are estimated at 21,000 hours. Year-end is December 31. Instructions Compute the depreciation expense under the following methods. Each of the following should be considered unrelated. a. Straight-line depreciation for 2025. b. Activity method for 2025, assuming that machine usage was 800 hours. c. Sum-of-the-years'-digits for 2026. d. Double-declining-balance for 2026.

A company purchased factory equipment on June 1, 2022 for $101800. It is estimated that the equipment will have a $13000 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2022 is

On January 1, 2022 Romano Company purchased a machine for $180,000. It is estimated that the machine will have a useful life of 4 years with a salvage value of $10,000 at the end of its useful life. It is also estimated that the machine will produce 125,000 units over its useful life. Actual usage was as follows: 2022, 45,000 units; 2023, 35,000 units; 2024, 25,000 units; and 2025, 20,000 units. Required: Calculate the annual depreciation expense under each of the following methods using an excel spread sheet: Declining-Balance

The price of a corporate railroad car purchased by Prost Corporation was $109,406. It cost $1,422 for delivery and $4,376 for installation. The salvage value at the end of a 7-year life is $21,880. Prepare a depreciation schedule using the sum-of-the-years' digits method, then enter the annual depreciation for year 6 as your answer.   $

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On May 1, Oriole Company purchased factory equipment for $748700. The asset's useful life in hours is estimated to be 198000. The estimated salvage value is $35000 and the estimated useful life in years is 9. The machine was used for 23000 hours in the first year. If the straight-line method will be used, what is depreciation expense for the first year of the asset's life? O $52867 O $79300 O $55459 O $82800

[The following information applies to the questions displayed below.] NewTech purchases computer equipment for $267,000 to use in operating activities for the next four years. It estimates the equipment’s salvage value at $25,000. rev: 07_27_2017_QC_CS-94103   Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation.

E10.1 (LO 1) Excel (Depreciation Computations-SL, SYD, DDB)Deluxe Ezra Company purchases equipment on January 1, Year 1, at a cost of $469,000. The asset is expected to have a service life of 12 years and a salvage value of $40,000. Instructions a. Compute the amount of depreciation for each of Years 1 through 3 using the straight-line depreciation method. b. Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-the-years'-digits method. c. Compute the amount of depreciation for each of Years 1 through 3 using the double-declining-balance method. (In performing your calculations, round constant percentage to the nearest one-hundredth of a point and round answers to the nearest dollar.)