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Current Attempt in Progress Sunland Ltd. purchased a new machine on April 4, 2017, at a cost of $160,000. The company estimated that the machine

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Current Attempt in Progress Sunland Ltd. purchased a new machine on April 4, 2017, at a cost of $160,000. The company estimated that the machine would have a residual value of $14,000. The machine is expected to be used for 10,000 working hours during its four-year life. Actual machine usage was 1,600 hours in 2017: 2.100 hours in 2018; 2,600 hours in 2019; 1,900 hours in 2020; and 1,800 hours in 2021. Sunland has a December 31 year end. (a) Calculate depreciation for the machine under each of the following methods: (Round expense per unit to 2 decimal places, eg. 2.75 and final answers to decimal places, eg. 5,275.) (1) Straight line for 2017 through to 2021 2017 expense $ 2018 expense $ 2019 expense $ 2020 expense $ 2021 expense $ Question 2 of 8 2017 expense $ 2018 expense $ $ 2019 expense $ 2020 expense $ 2021 expense $ (3) Units-of-production for 2017 through to 2021. 2017 expense $ $ 2018 expense $ 2019 expense $ 2020 expense 2021 expense $ e Textbook and Media Save for Later (b) 1 View Policies Current Attempt in Progress Sunland Ltd. purchased a new machine on April 4, 2017, at a cost of $160,000. The company estimated that the machine would have a residual value of $14,000. The machine is expected to be used for 10,000 working hours during its four-year life. Actual machine usage was 1.600 hours in 2017: 2, 100 hours in 2018; 2,600 hours in 2019; 1.900 hours in 2020; and 1,800 hours in 2021. Sunland has a December 31 year end. (a) Calculate depreciation for the machine under each of the following methods: (Round expense per unit to 2 decimal places, e.g. 2.75 and final answers to decimal places, eg. 5,275.) (1) Straight-line for 2017 through to 2021. 2017 expense $ 2018 expense $ 2019 expense $ 2020 expense $ 2021 expense $ (2) Diminishing-balance using double the straight-line rate for 2017 through to 2021. 2017 expense $ 2018 expense $ 2019 expense $ 2020 expense $

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