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Alladin Company purchased Machine #201 on May 1, 2014. The following information relating to Machine #201 was gathered at the end of May. Price $142,800

Alladin Company purchased Machine #201 on May 1, 2014. The following information relating to Machine #201 was gathered at the end of May.
Price $142,800
Credit terms 2/10, n/30
Freight-in $1,344
Preparation and installation costs $6,384
Labor costs during regular production operations $17,640
It is expected that the machine could be used for10years, after which the salvage value would be zero. Alladin intends to use the machine for only8years, however, after which it expects to be able to sell it for $2,520. The invoice for Machine #201 was paid May 5, 2014. Alladin uses the calendar year as the basis for the preparation of financial statements.
(a) Compute the depreciation expense for the years indicated using the following methods.(Round answers to 0 decimal places, e.g. 45,892.)
Depreciation Expense
(1) Straight-line method for 2014 $
(2) Sum-of-the-years'-digits method for 2015 $
(3) Double-declining-balance method for 2014

$

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