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can i please get answer? Bombardier Inc. is one of the largest manufacturers of planes and trains in the world. The company's long-lived assets exceed
can i please get answer?
Bombardier Inc. is one of the largest manufacturers of planes and trains in the world. The company's long-lived assets exceed $12 billion. As a result, depreciation is a significant item on Bombardier's statement of eamings. You are a financial analyst for Bombardier and have been asked to determine the impact of alternative depreciation methods. For your analysis, you have been asked to compare methods based on a machine that cost $106,000. The estimated useful life is 13 years, and the estimated residual value is $2,000. The machine has an estimated useful life in productive output of 200,000 units. Actual output was 20,000 in year 1 and 16,000 in year 2. Required: 1-a. For years 1 and 2 only, prepare a separate depreciation schedule by using straight line method. (Enter all amount as positive value.) 1.b. For years 1 and 2 only, prepare a separate depreciation schedule by using units of production method. (Enter all amount as positive value. Do not round intermediate calculations.) 1-b. For years 1 and 2 only, prepare a separate depreciation schedule by using units of production method. (Enter all amount as positive value. Do not round intermedlate calculations.) 1-c. For years 1 and 2 only, prepare a separate depreciation schedule by using double declining balance method. (Enter all amount as positive value. Do not round intermediate calculations and round your final answers to the nearest dollar amount.) Step by Step Solution
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