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4. (-/25 Points] DETAILS BRECMBC9 17.1.031.MI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Thunderbird Manufacturing purchases a new stamping machine for $40,000. Its useful life
4. (-/25 Points] DETAILS BRECMBC9 17.1.031.MI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Thunderbird Manufacturing purchases a new stamping machine for $40,000. Its useful life is estimated to be 250,000 units with a salvage value of $5,000. Prepare a units-of-production (UOP) depreciation schedule based on the given annual usage (units produced) as shown below. Thunderbird Manufacturing Units-of-Production Depreciation Schedule Stamping Machine End of Year Depreciation per Unit ($) Units Produced Annual Depreciation ($) Accumulated Depreciation ($) Book value ($) $40,000 (new) 1 50,000 $ $ $ 2 $ 70,000 $ $ $ $ 45,000 $ $ $ 4 $ 66,000 S $ $ 5 $ 30,000 $ $ $ Need Help? Read It Watch It Master it
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