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2) Hector Co. installs a new machine in its factory at the beginning of the year costing $50,000. The machines useful is 5 years with

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2) Hector Co. installs a new machine in its factory at the beginning of the year costing $50,000. The machines useful is 5 years with a zero salvage value. The machine is expected to produce $400,000 units over its life. During its first year it produced 98,500 units. (10 points) a. Compute the depreciation value for the first year using the straight-line method of depreciating and the Units f Production Method b. Record the depreciation entry for the first year for each method at 12/31

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