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Ao 4. Compared to straight-line depreciatioll, UUT taxes over the asset's life? salvage value is installed in A machine costing $257.500 with a four-year life
Ao 4. Compared to straight-line depreciatioll, UUT taxes over the asset's life? salvage value is installed in A machine costing $257.500 with a four-year life and an estimated $20,000 salvage value is in Luther Company's factory on January 1. The factory manager estimates the machine will produced units of product during its life. It actually produces the following units: 220,000 in Year 1. 124 600 Year 2.121.800 in Year 3. and 15.200 in Year 4. The total number of units produced by the end of Yeard exceeds the original estimate--this difference was not predicted. Note: The machine cannot be depreci. ated below its estimated salvage value. Required Prepare a table with the following column headings and compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. Year Straight-Line Units-of-Production Double-Declining-Balance On Tan
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