Units-of activity depreciation
Year Units of Activity Depreciation Expense Accumulated Depreciation Net Book Value
40,500
$
2019
15,000
2,475
2,475
$
$
38,025
2020
45,000
7,425
9,900
30,600
2021
50,000
8,250
18,150
22,350
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(c)
What impact will the three methods of depreciation have on Natalie's balance sheet at December 31, 2019? What impact will the three methods have on Natalie's income statement in 2019?
Straight-Line Double-declining Balance Units-of-Activity
Cost of asset
40,500
40,500
40,500
$
Accumulated depreciation
2,200
5,400
2,475
Net book value
38,300
35,100
38,025
$
$
$
Depreciation expense
2,200
5,400
2,475
$
Lowest amount of net income
Double-declining method
Lowest amount of stockholders' equity
Double-declining method
Lowest net book value
Double-declining method
Greatest amount of net income
Straight-line method
Greatest amount of stockholders' equity Straight-line method
Greatest net book value
Straight-line method