Sir g Ye Question Solve Kr de Please. On april 1, 2014, mattson industry purchased new equipment at a cost of 325,000 usd dollar, the useful life of this equipment was estimated at 3 years, with residual value of 25000 usd dollar, compute the annual depreciation expense for year until this equipment become fully depreciated under each depreciation method listed below. a. Straight line, with the depreciation for fractional year rounded to the nearest whole month. b. 200 percent declining balance.
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Sir g Ye Question Solve Kr de Please.
On april 1, 2014, mattson industry purchased new equipment at a cost of 325,000 usd dollar, the useful life of this equipment was estimated at 3 years, with residual value of 25000 usd dollar, compute the annual depreciation expense for year until this equipment become fully depreciated under each depreciation method listed below.
a. Straight line, with the depreciation for fractional year rounded to the nearest whole month.
b. 200 percent declining balance.