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Banko Inc. manufactures sporting goods. The following inf ormation applies to a machine purchased on January 1, Year t: 83,200 $ 7,000 $ 3,000 Purchase

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Banko Inc. manufactures sporting goods. The following inf ormation applies to a machine purchased on January 1, Year t: 83,200 $ 7,000 $ 3,000 Purchase price Delivery cost Installation charge Estimated life Estimated units Salvage estinate 5 years 147,000 $ 5,000 During Year 1, the machine produced 43000 units, and during Year 2 it produced 45,000 units. Required a. Determine the amount of depreciation expense for Year 1 and Year 2 using straight-line methood. b. Determine the amount of depreciation expense for Year 1 and Year 2 using double-declining-balance method. c. Determine the amount of depreciation expense for Year 1 and Year 2 using units of production methoo d. Determine the amount of depreciation expense for Year 1 and Year 2 using MACRS, assuming that the machine is classified as seven-year property. (Round your answers to the nearest dollar amount.) MACRS table: 5-Year Year Year property, property, 14.29 24.49 17-49 20.00 32.00 19.20 MACRS table: 5-Year 7-Year Year 1 2 property,8 property, % 20.00 32.00 19.20 11.52 11.52 5.76 14.29 24.49 17.49 12.49 8.93 8.92 8.93 4.46 Year 1 Year 2 a. Depreciation expense b. Depreciation expense c. Depreciation expense Depreciation expense d

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