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( Carla Vista Limited purchased a machine on account on April 1 , 2 0 2 1 , at an invoice price of $ 3
Carla Vista Limited purchased a machine on account on April at an invoice price of $ On April it paid $ for delivery of the machine. A oneyear, $ insurance policy on the machine was purchased on April On April Carla Vista paid $ for installation and testing of the machine. The machine was ready for use on April
Current Attempt in Progress
Carla Vista estimates the machine's useful life will be five years or units with a residual value of $ Assume the machine produces the following numbers of units each year: units in ; units in ; units in ; units in ; and units in Carla Vista has a December year end.
a
a
Determine the cost of the machine.
Cost of the machine
b
calculate the annual dpreciaation and total depreciation over the assets's life using
straight line method.
doubleline diminshing method.
units of production method
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