ABC Corporation has the following information regarding a piece of manufacturing equipment that was purchased on January 1, 2017 Cost of the equipment = $1,200,000 Estimated residual value = $210,000 Useful life = 7 years Total productive capacity = 1,850,000 units Estimated production in 2017 = 150,000 units Estimated annual production in 2018 and 2019 = 250,000 units per year Estimated annual production last 4 years = 300,000 units per year What is the carrying amount of the equipment at December 31, 2020 if the company uses the straight-line method of depreciation? a. $141,429 b.$492,857 c. $S14,286 d. $634,286 e. $775,714 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Ans 000 80 000 F4 F5 F2 F6 F8 F3 F7 F9 F10 # $ 1 % 5 & 7 3. 4 6. 8 9 0 ABC Corporation has the following information regarding a piece of manufacturing equipment that was purchased on January 1, 2017 Cost of the equipment = $1,200,000 Estimated residual value = $210,000 Useful life = 7 years Total productive capacity = 1,850,000 units Estimated production in 2017 = 150,000 units Estimated annual production in 2018 and 2019 = 250,000 units per year Estimated annual production last 4 years = 300,000 units per year What is the annual depreciation expense in 2020 if the company uses the units-of-production method of depreciation? a. $141,429 b. 5194,595 C 5162,335 d. $160,541 e. $133,784 Click Save and Submit to save and submit. Click Save All Answers to save all ansters. Save All Answers 20. 000 II F2 F3 DOO F4 F5 F F7 F8 FIO # 3 1 $ 4 % 5 & 7 * 2 6 6 8 9 0 W FR TYU OP ABC Corporation has the following information regarding a piece of manufacturing equipment that was purchased on January 1, 2017 Cost of the equipment = $1,200,000 Estimated residual value = $210,000 Useful life - 7 years Total productive capacity - 1,850,000 units Estimated production in 2017 = 150,000 units Estimated annual production in 2018 and 2019 - 250,000 units per year Estimated annual production last 4 years = 300,000 units per year What is the carrying amount of the asset at December 31, 2019 if the company uses the units-of-production me thod of depreciation? a $583,784 b. $852,162 C $691,622 d. $778,378 e. $940,541 Click Save and Submit to save and submit. Click Save All Anstoers to save all answers Save All Answers Save 000 000 F4 F7 FB F9 FO A # 3 $ 4 N % 5 & 7 6 * 00 1 0 9 W E E R T T Y U 1 o ABC Corporation has the following information regarding a plece of manufacturing equipment that was purchased on January 1, 2017 Cost of the equipment = $1,200,000 Estimated residual value = $210,000 Useful ife - 7 years Total productive capacity = 1,850,000 units Estimated production in 2017 - 150,000 units Estimated annual production in 2018 and 2019 - 250,000 units per year Estimated annual production last 4 years - 300,000 units per year Wihat is the annual depreciation expense for 2019 if the company uses the double-declining balance method of depreciation? a. $167.251 b. $171,429 c. $182,628 d. $244,898 ce: $174,927 Click Save and Submit to sow and submit. Click Save All Answers to save all answers, Save All Answers Save and 000 80 000 F F3 F7 F10 F2 A # 3 $ 4 % 5 & 7 * c I 9 I 0 2 6 W E w R T Y P U 1 O
