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2 Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $36,500. Its estimated residual value was $11,500 at

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2 Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $36,500. Its estimated residual value was $11,500 at the end of an estimated 5-year life. The company expects to produce a total of 10,000 units. The company produced 1,350 units in 2018 and 1,800 units in 2019. Required a. Calculate depreciation expense for 2018 and 2019 using the straight-ine method. b. Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method. nts 020516) Complete this question by entering your answers in the tabs below Calculate depreciation expense for 2018 and 2019 using the straight-line method. 2018 2019 Required B> Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $36,500. Its estimated residual value was $11,500 at the end of an estimated 5-year life. The company expects to produce a total of 10,000 units. The company produced 1,350 units in 2018 and 1,800 units in 2019. Required: points a. Calculate depreciation expense for 2018 and 2019 using the straight-line method. b. Calculate the depreciation expense for 2018 and 2019 using the production method. Complete this question by entering your answers in the tabs below e the depreciation expense for 2018 and 2019 using the units-of-production method. (Do not round your in calculations. Round your final answers to the nearest whole dollar.) 2019 Exam #3 (Ch 1-10, 6th Ed) e cost of the machine was $36,500. Its estimated residual value was $11,500 at the end of an estimated 5-year life. Th units In 2018 and 1,800 units in 2019. e company expects to produce a total of 10,000 units. The company produced 1,350 Required a. Calculate depreciation expense for 2018 and 2019 using the straight-line method. b. Calcula points te the depreciation expense for 2018 and 2019 using the units-of-production method. 020452c. Calculate depreciation expense for 2018 through 2022 Complete this question by entering your answers in the tabs below through 2022 using thed oub Ca to 2020

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