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# Revise your worksheet to reflect these updated assumptions and then answer the questions that follow. Original...

## Question

###### Revise your worksheet to reflect these updated assumptions and then answer the questions that follow. Original...      Revise your worksheet to reflect these updated assumptions and then answer the questions that follow. Original Cost Estimated Residual Value \$141,600 35,400 Estimated Useful Years 6 Estimated Units 48,000 Actual Units: Year 1 4,800 8,640 10,560 11,520 9,600 Year 2 Year 3 Year 4 Year 5 Year 6 7,680 52,800
Required: 1. Use your spreadsheet to recalculate Depreciation Expense, Accumulated Depreciation, and the Book Value for Year 6 under each method. Note your revised values below. Double-Declining- Activity-Based Straight-Line Balance Depreciation Expense Accumulated Depreciation Book Value
2. Prepare the journal entry to record depreciation in Year 6 for each of the methods. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
Record the Depreciation Expense for the period under the straight-line method
ww Record the Depreciation Expense for the period under the double-declining- balance method.
Record the Depreciation Expense for the period under the activity-based method.

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