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Exercise 11-06 Bonita Company purchased equipment for $264,000 on October 1, 2020. It is estimated that the equipment will ha

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Calculate Depreciation expense

a Straight line dep 2020 (264000-12000/8)*3/12 7875
b Activity method (units of output) (264000-12000)/45000*1000 5600
c Activity method (working hour) (264000-12000)/20000*500 6300
d Sum of the year digit (252000*7/36*9/12+252000*6/36*3/12) 47250
e Double decline balance (264000*25%*9/12+264000*75%*25%*3/12) 61875
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