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4 Mc Check my work A machine costing $257.500 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's
4 Mc Check my work A machine costing $257.500 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 475.000 units of product during its life, it actually produces the following units: 220,000 in Year 1, 124.600 in Year 2,121,800 in Year 3, and 15,200 in Year 4 The total number of units produced by the end of Year 4 exceeds the original estimate--this difference was not predicted. Note: The machine cannot be depreciated below is estimated salvage value. Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method (Round your per unit depreciation to 2 decimal places) Complete this question by entering your answers in the tabs below. P Straightne DOB Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight- depreciation Balghine Dearesleton Depreciation Year Expense Year 1 Year 21 Near 4 Tola 3 Units of Production > < Prev 46 Next >>
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