Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

Exercise 45

On January 2, 2015, Jatson Corporation acquired a new machine with an estimated useful life of five years.he cost of the equipment was $40,000 with an estimated residual value of $5,000.
a.repare a complete depreciation table under the three depreciation methods listed below.se a format similar to the illustrations in Exhibits 9-4, 9-5, and 9-6.n each case, assume that a full year of depreciation was taken in 2015.
1.traight-line.
2.00 percent declining-balance.
3.50 percent declining-balance with a switch to straight-line when it will maximize depreciation expense.
b.omment on significant differences or similarities that you observe among the patterns of depreciation expense recognized under each of these methods.