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A machine cost $1,128,000 on April 1, 2020. Its estimated salvage value is $136,000 and its expected life is 4 years. Calculate the depreciation expense
A machine cost $1,128,000 on April 1, 2020. Its estimated salvage value is $136,000 and its expected life is 4 years.
Calculate the depreciation expense by straight-line for 2020. (Round answer to 0 decimal places, e.g. 5,275.)
Depreciation expense | $ |
Calculate the depreciation expense by double-declining balance for 2021. (Round answer to 0 decimal places, e.g. 5,275.)
Depreciation expense | $ |
Calculate the depreciation expense by sum-of-the-years'-digits for 2021. (Round answer to 0 decimal places, e.g. 5,275.)
Depreciation expense | $ |
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