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0365271 is my student number MG YouTube Map River City Bread Company has purchased machinery for student number 5 200.000 to mix and shape loaves
0365271 is my student number
MG YouTube Map River City Bread Company has purchased machinery for student number 5 200.000 to mix and shape loaves of bread, prepped for baking. The machinery has an estimated residual value of $200,000. Estimated useful life life expectancy) is 4 years, During its lifetime of four years, the company expects its history of production to be as follows Year of Production 2017 2018 2019 2020 Amount Produced in Loaves 10,000 15,000 17.000 58.000 REQUIRED: Work is to be completed on the corresponding sheet in the Excel Workbook, using the format provided 1) What would the depreciation expense be for each ye using the straight line method? 2) Calculate depreciation expense for the first two years using the double diminishing (declining) balance method 3) Calculate depreciation expense for all years using the units of production method 4) At the end of its useful life, what should the net book value le carrying value of the machinery be Step by Step Solution
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