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Tyson Foods acquired machinery for $425,000 on August 1, 2010. The machinery's estimated useful life is 8 years, and the estimated residual value is $28,000.

Tyson Foods acquired machinery for $425,000 on August 1, 2010. The machinery's estimated useful life is 8 years, and the estimated residual value is $28,000. Tyson Foods projects that the machine will produce 290,000 units of product over the useful life of the machine.


a) What is the straight-line depreciation for 2010?

b) What is the straight-line depreciation for 2011?

c) What is the sum of the years for 2010?

d) The machine produced 19,000 units in 2010.  What is the activity-based depreciation for 2010?

e) What is the quadruple declining balance for 2010?

f) What is the quadruple declining balance for 2011?

g) If the straight-line depreciation method was used, what would be the book value of the asset on 12/31/2010?

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