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Cost of machine Residual value Useful life $ 89,800 $ 3,300 5 years Estimated units machine will produce Actual production: 100,000 Year 1 Year 2
Cost of machine Residual value Useful life $ 89,800 $ 3,300 5 years Estimated units machine will produce Actual production: 100,000 Year 1 Year 2 53,000 12,000 Use MACRS table. Depreciation Expense Year 1 Year 2 Method Straight line Units of production Declining balance MACRS (5-year class)
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