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Cost of machine $97,000 Residual Value $4,500 Useful Life 5 years Estimated units the machine will produce 100,000 Actual production: Year 1: $65,000 Year 2:

Cost of machine $97,000

Residual Value $4,500

Useful Life 5 years

Estimated units the machine will produce 100,000

Actual production: Year 1: $65,000 Year 2: $18,000

What is the declining balance for year 2?

What is the MACRS (5-year class) for year 2?

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