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Answer the auestions below. You may use the spreadsheet or scrap paper to prepare vour calculations.rw nor review the spreadcheptPlease transfer vour final answers to

Answer the auestions below. You may use the spreadsheet or scrap paper to prepare vour calculations.rw nor review the spreadcheptPlease transfer vour final answers to the question boxes below.a) What Is the depreciable cost of the machine if the company uses straight-line method of depreciation?b) What is the depreciation expense for 2025 using the straight-line method? (Do not Include decimal places.)c) Using the straight-line method, at the end of the five years, what is the carrying amount (or net book value of the machine? (Do not include any decimals.)d) What is the depreciation expense for 2024 using the units-of-production method?(Do not include any decimals.)e) Record the depreciation for 2025 using the units-of-production method. (Do not include decimal places.)Dr) What is the depreciation expense for 2027 using the double-diminishing (or double-declining) balance method? (Do not include any decimals.)g) Would the depreciation expense for 2026 be higher, lower or the same if the company instead purchased this machine on July 1,2024(instead of January 1,2024) and used the double-diminishing (or double-declining) balance method? Write"Higher", "Lower", or "Same"3 On January 1,2024, Yellowtail Manufacturing Corporation
4 purchased a new machine for $600,000. They plan to use
5 the machine for 5 years and believe that it will have a
6 residual value of $50,000. They have a December 31
7 year-end.
8
The machine is expected to produce a total of 100,000 unit over the next 5 years. Actual usage is as follows:
\table[[2024,15,000 units],[2025,25,000 units],[2026,39,000 units],[2027,20,000 units],[2028,1,000 units]]
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