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Complete the following table given this information: (Do not round intermediate calculations.) Cost of machine Residual value Useful life $101,200 $ 5,200 5 years Estimated
Complete the following table given this information: (Do not round intermediate calculations.) Cost of machine Residual value Useful life $101,200 $ 5,200 5 years Estimated units machine will produce Actual production: 100,000 Year 1 Year 2 72,000 21,500 Use MACRS table. Depreciation Expense Year 1 Year 2 Method Straight line Units of production Declining balance MACRS (5-year class) TABLE 17.5 Annual recovery for MACRS Recovery year 3-year class (200% D.B.) 5-year class (200% D.B.) 7-year class (200% D.B.) 10-year class (200% D.B.) 15-year class (150% D.B.) 20-year class (150% D.B.) I 33.00 20.00 14.28 10.00 5.00 3.75 45.00 32.00 24.49 18.00 9.50 7.22 15.00* 19.20 17.49 14.40 8.55 6.68 7.00 11.52% 12.49 11.52 7.69 6.18 5 11.52 8.93* 9.22 6.93 5.71 5.76 8.93 7.37 6.23 5.28 cm + 6 000 7 8.93 6.55* 5.90* 4.89 4.46 6.55 5.90 4.52 6.55 5.90 4.46* 10 6.55 5.90 4.46 11 3.29 5.90 4.46 12 5.90 4.46 13 5.90 4.46 14 5.90 4.46 15 5.90 4.46 16 3.00 4.46 *Identifies when switch is made to straight line
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