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$6.000 Banko Incorporated manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1 Purchase price $71,500 Delivery cost $5.00

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$6.000 Banko Incorporated manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1 Purchase price $71,500 Delivery cost $5.00 Installation charge $1,600 Estimated life 5 years Estimated units 143,000 Slvage estimate During Year 1, the machine produced 39,000 units, and during Year 2 it produced 41,000 units. Required a. Determine the amount of depreciation expense for Year 1 and Year 2 using straight line method. b. Determine the amount of depreciation expense for Year 1 and Year 2 using double declining-balance method. c. Determine the amount of depreciation expense for Year 1 and Year 2 using units of production method. d. Determine the amount of depreciation expense for Year 1 and Year 2 using MACRS, assuming that the machine is classified as seven-year property (Round your answers to the nearest dollar amount.) MACRS table Year 1 2 S.Year property 20.00 32.00 19.20 11.52 11.52 5.76 2-Year property, 14.29 24.49 17.49 12.49 4 5 5.92 8.93

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