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At the beginning of the year, Palermo Brothers, Inc., purchased a new plastic water bottie making machine at a cost of $80,000. The estimated residual
At the beginning of the year, Palermo Brothers, Inc., purchased a new plastic water bottie making machine at a cost of $80,000. The estimated residual value was S9,000. Assume that the estimated useful life was four years, and the estimated productive ife of the machine was 710,000 units. Actual annual production wes as follows: Yoar Unita 213,000 2 158.200 3 196,250 4 146,550 . Complete a separate depreciasion schedule for each of the alternative methods a. Straight-line A: acquis tion b. Units-of-production. Year Year
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