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2 1 Strong Metals Incorporated purchased a new stamping machine at the beginning of the year at a cost of $1,757,500. The estimated residual value
2 1 Strong Metals Incorporated purchased a new stamping machine at the beginning of the year at a cost of $1,757,500. The estimated residual value was $92,500. Assume that the estimated useful life was five years and the estimated productive life of the machine was 300,000 units. Actual annual production was as follows: points Year Units 1 70,000 2 67,000 3 50,000 eBook 4. 73,000 Print References 5 40,000 Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 1C Complete a depreciation schedule using the straight-line method. Year Depreciation Expense Accumulated Depreciation Net Book Value Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Complete a depreciation schedule using the straight-line method. Year Depreciation Expense At acquisition 1 2 3 4 5 Accumulated Depreciation Net Book Value Req 1A Req 1B > Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Complete a depreciation schedule using the units-of-production method. Note: Use two decimal places for the per unit output factor. Year Depreciation Expense Accumulated Net Depreciation Book Value At acquisition 1 2 3 4 5 < Req 1A Req 1C > Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Complete a depreciation schedule using the double-declining-balance method. Year Depreciation Expense At acquisition 1 2 3 4 10 5 Accumulated Depreciation Net Book Value < Req 1B Req 1C >
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