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6. In recent years Howard Company has purchased two machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge

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6. In recent years Howard Company has purchased two machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below Machine 1 2 Salvage Aequired Cost Value Jan. 1, 2021 $170,000 $10,000 May 1, 2021 210,000 30,000 Useful Life (in years) 4 5 Depreciation Method Straight-line Straight-line Instructions (a) Prepare a complete depreciation schedule (all years) for Machine 1 and record the appropriate entries on Dec 31, 2021 and Dec. 31, 2022. (Round to zero decimal places.) Year Depreciation Expense Accumulated Depreciation Book Value Date Description Debat Credit (b) Prepare a complete depreciation schedule (all years) for Machine 2 and record the appropriate entries on Dec 31, 2021 and Dec. 31. 2022 Year Depreciation Expense Accumulated Depreciation Book Value 3

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