Riverbed Company purchased equipment for exist243, 945 on October 1, 2017. It is estimated that t… Assignment Help


Show transcribed image text Riverbed Company purchased equipment for exist243, 945 on October 1, 2017. It is estimated that the equipment will have a useful life of 8 years and a salvage value of exist14, 040. Estimated production is 39, 300 units and estimated working hours are 20, 200. During 2017, Riverbed uses the equipment for 520 hours and the equipment produces 1,000 units. Compute depreciation expense under each of the following methods. Riverbed is on a calendar-year basis ending December 31. (Round rate per hour and rate per unit to 2 decimal places, e.g. 5.35 and final answers to 0 decimal places, e.g. 45, 892.) (a) Straight-line method for 2017 exist (b) Activity method (units of output) for 2017 exist (c) Activity method (working hours) for 2017 exist (d) Sum-of-the-years’-digits method for 2019 exist (e) Double-declining-balance method for 2018

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