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Can i get help solving the last part of this the straight line method Exercise 9-6 Kingbird, Inc. purchased a new machine on October 1,
Can i get help solving the last part of this the straight line method
Exercise 9-6 Kingbird, Inc. purchased a new machine on October 1, 2019, at a cost of $133,000. The company estimated that the machine will have a salvage value of $19,500. The machine is expected to be used for 10,000 working hours during its 5-year life Your answer is correct. Compute the depreciation expense under straight-line method for 2019. (Round answer to 0 decimal places, e.g. 2,125.) 2019 5675 Depreciation expense SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: SIMILAR EXERCISE Your answer is correct. Compute the depreciation expense under units-of-activity for 2019, assuming machine usage was 1,500 hours. (Round depreciable cost per unit to 2 decimal places, e.g. 0.50 and depreciation rate to 0 decimal places, e.g. 15%. Round final answer to 2 decimal places, eg. 2,125.25.) 2019 17025 Depreciation expense SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: SIMILAR EXERCISE XYour answer is incorrect. Try again Compute the depreciation expense under declining-balance using double the straight-line rate for 2019 and 2020. (Round answers to O decimal places, e.g. 2,125) 2020 2019 ] 1 ] 83125 252700 Depreciation expense Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT VIDEO: SIMILAR EXERCISEStep by Step Solution
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