apter $11HW$ i

Check my work mode : This shows what is correct or incorrect for the work you have complet

On October $1,2018,$ the Allegheny Corporation purchased machinery for $$123,000.$ The estimated service life of the machinery is $10$ years and the estimated residual value is $$2,000.$ The machine is expected to produce $220,000$ units during its life.

Required:

Calculate depreciation for $2018$ and $2019$ using each of the following methods. Partial$-$year depreciation is calculated based on the number of months the asset is in service.

Straight line.

Sum$-$of$-$the$-$years'$-$digits.

Double$-$declining balance.

One hundred fifty percent declining balance.

Units of production $($units produced in $2018,11,000$; units produced in $2019,26,000).$

Answer is not complete.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Required $3$

Required $4$

Required $5$

Calculate depreciation for $2018$ and $2019$ using straight line method. Partial$-$year depreciation is calculated based on the number of months the asset is in service.

Required