The Mardova Clinic purchased a new surgical laser for $72,000 on January 1, 2020. The estimated…

Mardova Clinic paid $72,000 for a brand new laser.
The estimated salvage value of the laser on January 1, 2020 is $8,000. laser
The clinic assumes it will be used for at least another four years.
8,000 hours. Used 2,600 hours in the first year and 2,400 hours in the second year.
2200 hours per year for 3 years; and 2000 hours for 4 years.

Add annual depreciation costs.
Depreciation and book value per year under each plan
Choose one or more of these methods to answer the following questions.
Use the answer template below

A) Even

B) Activity Units

C) 150% Declining Balance

D = Sum of Year Digits

A) Even

1) Year 1 – Depreciation expense $

2) Year 2: Accumulated depreciation $

3. Year 3 – Book Value $

4) Year 4 – Depreciation Expense $

B) Activity Units

5) Year 1 – Depreciation Expense $

6) Year 2: Accumulated Depreciation $

7) Year 3: Book Value $

8) Year 4 – Depreciation Charge $

C) 150% Declining Balance

9) Year 1 – Depreciation Charge $

)10) Year 2: Cumulative Loss $

11.) Year 3 – Book Value $

12) Year 4 – Depreciation Expense $

D = Sum of Annual Figures

13) Year 1 Year – Depreciation Expense $

14) Year 2, Accumulated Depreciation $

15) Year 3 Book Value $

16) Year 4 – Depreciation Expense $(*)

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