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At the beginning of 2015, your company buys a $28,400 piece of equipment that it expects to use for 4 years. The equipment has an

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At the beginning of 2015, your company buys a $28,400 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 2,000. The company expects to produce a total of 200,000 units. Actual production is as follows: 47,000 units in 2015, 54,000 units in 2016, 52,000 units in 2017, and 47,000 units in 2018 Required: a. Determine the depreciable cost. Depreciable Cost b. Calculate the depreciation expense per year under the straight-line method. Depreciation Expense per year c. Use the straight-line method to prepare a depreciation schedule. Depreciation Accumulated Net Book Year pense Depreciation Value Acquisition cost 2015 2016 2017 2018

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