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1. VanHoutte Foods bought machinery on September 10, 2018, for $168,000. It was determined that the machinery would be used for six years or until
1. VanHoutte Foods bought machinery on September 10, 2018, for $168,000. It was determined that the machinery would be used for six years or until it produced 260,000 units and then would be sold for about $27,600. Complete the schedule below by calculating annual depreciation to the nearest whole month for 2018, 2019, and 2020. VanHouttes year-end is December 31.
Assume actual units produced of: 2018 43,000 2019 79,000 2020 64,000
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