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bison blue company purchased a machine on January 1, 2016 for 240000 Qison Blue Company purchased a machine on January 1, 2016 for $240.000. It
bison blue company purchased a machine on January 1, 2016 for 240000 Qison Blue Company purchased a machine on January 1, 2016 for $240.000. It is expected to have a useful life of 5 years, or 25,000 operating hours, and a salvage value of $15,000. Required Compute the depreciation expense for the below methods and years. Each letter is independent of the other. A. Straight-line method - Years 3. Year 3 B. Units-of-production method, Years 2 and 3. Year 2_ Year 3 Year Annual Operating Hours Year 1 Year 2 Year 3 Year 4 Year 5 4,000 5,500 7,500 6,000 1.000 C. Double-Declining-balance method - Years 4 and 5. Year 4 Year 5
bison blue company purchased a machine on January 1, 2016 for 240000
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