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A new machine costing $ 1 , 9 0 0 , 0 0 0 cash and estimated to have a $ 1 0 0 ,
A new machine costing $ cash and estimated to have a $ salvage value was purchased on January The machine is expected to produce units of product during its year useful life. Calculate the depreciation expense in the first year under the following independent situations:
The company uses the unitsofproduction method and the machine produces units of product during its first year.
The company uses the doubledecliningbalance method.
The company uses the straightline method.
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