Heathy Food Distribution Center Inc. purchased Special handling equipment for beverage manufacture of $10,500,000; with estimate salvage value of $500,000 and a projected useful life of 5 years. Develop depreciation schedules like example of book for the Three Methods: Explain in detail your work; Set up, Formula, Calculation, with book value of each year. a) SOYD b) DDB c) MACRS

Financial Accounting Intro Concepts Meth/Uses
14th Edition
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Chapter10: Long-lived Tangible And Intangible Assets
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Heathy Food Distribution Center Inc. purchased Special handling
equipment for beverage manufacture of $10,500,000; with estimate
salvage value of $500,000 and a projected useful life of 5 years.
Develop depreciation schedules like example of book for the Three
Methods:
Explain in detail your work; Set up, Formula, Calculation, with book
value of each year.
a) SOYD
b) DDB
c) MACRS
Transcribed Image Text:Q-3 Heathy Food Distribution Center Inc. purchased Special handling equipment for beverage manufacture of $10,500,000; with estimate salvage value of $500,000 and a projected useful life of 5 years. Develop depreciation schedules like example of book for the Three Methods: Explain in detail your work; Set up, Formula, Calculation, with book value of each year. a) SOYD b) DDB c) MACRS
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Section 179 Deduction and Modified Accelerated Cost Recovery System (MACRS) Depreciation
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