Please do not give image format On April 22, 2023, Carla Vista Enterprises purchased equipment for $136,500. The company expects to use the equipment for 12,500working hours during its four-year life and that it will have a residual value of $14,000. Carla Vista has a December 31 year end andpro-rates depreciation to the nearest month. The actual machine usage was: 1,900 hours in 2023; 2,700 hours in 2024; 3,900 hours in2025: 2,900 hours in 2026; and 1,300 hours in 2027. Prepare a depreciation schedule for the life of the asset under the double diminishing-balance method. (Round partial-perioddepreciation rate to 4 decimal palces, e.g. 15.2563 % and other answers to O decimal places, e.g. 5,276.)Year2023202420252026$Carrying AmountBeginning of Year136,50034,125Depr.Rate50 %50 %050 %50 %x$GDepr.RateO Show Transcribed TextDepr.Expense51,18850 %20,12550 %050Prepare a depreciation schedule for the life of the asset under the double diminishing-balance method. (Round partial-perioddepreciation rate to 4 decimal palces, eg. 15.2563 % and other answers to O decimal places, e.g. 5,276.)%50 %$$CAccum.Depr.Depr.ExpenseEnd of Year122.500122.50051,18820,1250$CarryingAmount34,12514,00014.000AccumDepr.

Name: Please do not give image format On April 22, 2023, Carla Vista Enterpr
Uploaded: 2024-03-05T11:50:36.000Z
Channel: Bartleby
Description: Please do not give image format On April 22, 2023, Carla Vista Enterprises purchased equipment for $136,500. The company expects to use the equipment for 12,500working hours during its four-year life and that it will have a residual value of $14,000.