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all requirements On January 1,2020, Alpha Manufacturing purchased a muchine for $850,000. The company expected the machine so temain uset for fove yeas and to
all requirements On January 1,2020, Alpha Manufacturing purchased a muchine for $850,000. The company expected the machine so temain uset for fove yeas and to have a residial vsije of $70,000 Alpha Manufacturing uses the straight-ine method to depreciate its machinery. Apha Manufacturimg used the machine for two yeas and sold it on January 1,2022 , for $300.000 Read the cecurements 1. Complese sccumulated depreclation on the machine at January 1, 2022 (aame as December 31,2021 ) The accumulated depreciation is Requirements 1. Compute accumulated depreciation on the machine at January 1,2022 (same as December 31, 2021). 2. Record the sale of the machine on January 1,2022. On January 1,2020, Alpha Manufacturing purchased a muchine for $850,000. The company expected the machine so temain uset for fove yeas and to have a residial vsije of $70,000 Alpha Manufacturing uses the straight-ine method to depreciate its machinery. Apha Manufacturimg used the machine for two yeas and sold it on January 1,2022 , for $300.000 Read the cecurements 1. Complese sccumulated depreclation on the machine at January 1, 2022 (aame as December 31,2021 ) The accumulated depreciation is Requirements 1. Compute accumulated depreciation on the machine at January 1,2022 (same as December 31, 2021). 2. Record the sale of the machine on January 1,2022
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