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At the beginning of the year, Palermo Brothers, Inc., purchased a new plastic water bottle-making machine at a cost of $50,000. The estimated residual value

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At the beginning of the year, Palermo Brothers, Inc., purchased a new plastic water bottle-making machine at a cost of $50,000. The estimated residual value was $4,000. Assume that the estimated useful life was four years and the estimated productive life of the machine was 460,000 units. Actual annual production was as follows: Year Units 1 138,000 2 101,200 3 126,500 94,300 Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line b. Units-of-production. c. Double-declining balance. Complete this question by entering your answers in the tabs below. Reg 1A Req 18 Complete a depreciation schedule using the straight-line method. Year Depreciation Accumulated Net Expense Depreciation Book Value At acquisition + TT 2 Reg 10 >

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