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Berishire Corporation purchased a copying machine for $9,800 on January 1,2023 . The machine's residual value was $1,175 and its expected life was 5 vears

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Berishire Corporation purchased a copying machine for $9,800 on January 1,2023 . The machine's residual value was $1,175 and its expected life was 5 vears or 2,000,000 coples, Actual usage was 480,000 coples the first year and 438,000 the second year. Required: 1. Compute depreciation expense for 2023 and 2024 using the: a. Straight-line method. Depreciation expense: \& per year b. Double-declining-balance method. c. Units-of-production method. Do not round intermediate calculations, Round your final answers to the nearest whole dollar. 2. Foi each depreciation method, what is the book value of the machine at the end of 20237 At the end of 2024 ? If required, round your answers to the nearest whole dollar

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