the amount of depreciation expense for the 3 years ended straight line method,unit method, double line for 3yrs?
Dexter Industries purchased packaging equipment on January 8 for $86,900. The equipment was expected to have a useful life of three years, or 20,000 operating hours, and a residual value of $6,900. The equipment was used for 8,640 hours during Year 1, 6,710 hours in Year 2, and 4,650 hours in Year 3.
- SumDudeLv 76 months ago
easy math (except idk what "double line" is. Do you mean double declining, or are you using a new term?) The examples and definitions in your book will enlighten you.Source(s): It only gets harder.