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Complete the following table given this information: (Do not round intermediate calculations.) Cost of machine Residual value Useful life $ 94,600 $ 4,100 5 years
Complete the following table given this information: (Do not round intermediate calculations.) Cost of machine Residual value Useful life $ 94,600 $ 4,100 5 years Estimated units machine will produce Actual production: Use MACRS table. 100,000 Year 1 Year 2 61,000 16,000 Depreciation Expense Method Year 1 Year 2 Straight line Units of production Declining balance MACRS (5-year class) TABLE 17.5 Annual recovery for MACRS Recovery 3-year class 5-year class 7-year class 10-year class year (200% D.B.) 15-year class 20-year class (200% D.B.) (200% D.B.) (200% D.B.) (150% D.B.) (150% D.B.) 33.00 20.00 14.28 10.00 5.00 3.75 45.00 32.00 24.49 18.00 9.50 7.22 3 15.00 19.20 17.49 14.40 8.55 6.68 7.00 11.52 12.49 11.52 7.69 6.18 11.52 8.93 9.22 6.93 5.71 5.76 8.93 7.37 6.23 528 7 B 9 10 8.93 6.55 5.90 4.89 4.46 6.55 5.90 4.52 6.55 5.90 4.46 6.55 5.90 4.46 3.29 5.90 4.46 5.90 4.46 12 13 14 15 16 5.90 4.46 5.90 4.46 5.90 4.46 3.00 4.46 "Identifies when switch is made to straight line
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