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answer asapp.. 24-27: A machine was acquired at a cost of $130,000 on January 1, 2018 and is expected to have a salvage value of
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24-27: A machine was acquired at a cost of $130,000 on January 1, 2018 and is expected to have a salvage value of $10,000 after 10 years of use. The machine is expected to run for 900 hours in cach of the first 2 years. In cach year thercafter, it is expected to run for 100 hours less than the preceding year. What is the depreciation cost in the year ending December 31, 2020 using straight line method? $12.000 $15.000 $13,000 0 $17,778 D Question 25 2 pts What is the depreciation cost in the year ending December 31, 2020 using declining balance method? $10,530 $9477 $11,700 $11,790 Question 26 2 pts What is the depreciation cost in the year ending December 31, 2020 using sum of the years method? $19,634 $18.909 $17454 $21,818 Question 27 2 pts What is the depreciation cost in the year ending December 31, 2020 using units-of-production method? O $15,556 O $17,778 O $16.887 0 $20,000Step by Step Solution
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