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1 7 . Please refer to the following assumptions and provide your answers to the questions. Assumptions:Your team plans to purchase a machine for stadium
Please refer to the following assumptions and provide your answers to the questions.
Assumptions:Your team plans to purchase a machine for stadium security.The price per unit is $The intended useful life of each machine is two years.The machine will be used for hours in the first year and hours in the subsequent second year.The estimated salvage value after years of use is of the initial cost.
a What is the annual depreciation amount using the straightline method? pts
b What is the depreciated amount for the nd year using the sumofyears digits method? pts
c What is the remaining value after deducting the ndyear depreciation using the doubledeclining balance method? pts
d What is the depreciated amount for the nd vear using the units of productior
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