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CH 8: Homework Exercises i 6 Part 3 of 3 1 points eBook Hint Print References Mc Use the following information for the Exercises below.
CH 8: Homework Exercises i 6 Part 3 of 3 1 points eBook Hint Print References Mc Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] Ramirez Company Installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $43,500. The machine's useful life is estimated at 10 years, or 385,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 units of product. Exercise 8-6 (Static) Double-declining-balance depreciation LO P1 Determine the machine's second-year depreciation using the double-declining-balance method. First year's depreciation Second year's depreciation Saved Double-declining-balance Depreciation X Choose Factor (%) x Double the straight-line rate Choose Factors: Beginning book value $ 43,500 x I X www 20% H Depreciation expense = Annual Depreciation Expense = S S 8,700 0 Help Save & Exit Submit Check my work
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