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2. On January 2, 2010, Sayre Company purchased a machine for $45,000. The machine has a five-year estimated useful life and a $3,000 estimated residual

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2. On January 2, 2010, Sayre Company purchased a machine for $45,000. The machine has a five-year estimated useful life and a $3,000 estimated residual value. In addition, the company expects the machine to produce 200,000 units. Assuming that the machine produced 35,000 and 45,000 units during 2010 and 2011, respectively, complete the following chart. You must show your work to receive full credit. Depreciation Expense 1st Year Depreciation Expense 2nd Year Accumulated Depreciation Carrying (Book) Value Straight-Line Method Units-of- Production Method Double Declining Balance Method Show your work here

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