Breyer Company purchased packaing equipmenton january 3 2010 for $101250. The equipment was expected to have a useful life of three years or 25000
operating hours and a residual value of $ 7500. The equipment was used for 9500 hours during 2010 8400 hours in 2011 ad 7100 hours in 2012.
Instructions
1. Determine the amount of Depreciation expense for years ended Dec. 312010 2011 and 2012 by (a) the straight-line method (b) the units-of-production
method and (c) the double-declining-balance method. Als determine the total depreciation expensefor three years y each method. The following columnar headings
are suggested for recording he depreciation expense amounts.