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3. On January 1, 2018, Venus Company purchased a machine for $138,000. The machine cost $1,200 to deliver and $4,800 to install. The machine has

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3. On January 1, 2018, Venus Company purchased a machine for $138,000. The machine cost $1,200 to deliver and $4,800 to install. The machine has a useful life of 10 years or 1,000,000 units. Actual units produced during 2018 are 85,000 and during 2019 are 120,000. At the end of10 years, Venus expects to sell the machine for $12,000. Compute depreciation expense for 2018 and 2019 using the following methods: 1. Straight-line 2. Units of Production 3. Double-declining-balance

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