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can someone do the activity method and show how you got it On January 1,2023 , a machine was purchased for $105,000. The machine has
can someone do the activity method and show how you got it
On January 1,2023 , a machine was purchased for $105,000. The machine has an estimated salvage value of $6,420 and an estimated useful life of 5 years. The machine can operate for 106,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2023,21,200 hours: 2024,26,500 hours: 2025,15,900 hours: 2026,31,800 hours: and 2027, 10,600 hours. Compute the arnual depreciation charges over the machine's life assuming a December 31 year-end for each of the following depreciation methods. (Round rote per hour to 2 decimal places, eg. 15.25 and final answers to 0 decimal places, eg.45,892.) Step by Step Solution
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