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Depreciation by Ten Hethods, Sale of Feed A New lithographic equipment, acquired at a cost of 1906,250 on March 1 of Tear 1 (beginning
Depreciation by Ten Hethods, Sale of Feed A New lithographic equipment, acquired at a cost of 1906,250 on March 1 of Tear 1 (beginning of the fiscal year), hee an estimated at the of five years and a effect of alternative methods on the amount of depreciation expense each year On March 4 of Year 5, the equipment was sold for $132,700 1. Determine the annual depreciation expense for each of the estimated five years of use, the accumulated deprecation at Straight thed Depreciation Year Expense 165,670 2 b. Double-declining-b Accumulated Depreciation End of Year 165.670 Book Value End of Year 740,580 Year Depreciation Expense Accumulated Depreciation, Book Value End of Year End of Year 1 2 2. Jumalize the entry to record the sale assuming that the manager chose the double-dedining-balance method. If an amount box does not require as entry, leav 3. Jumalus the entry to record the sale in (2) assuming that the equipment was sind for $113,000 teat of $133,700 as amount box does not require an entry have blark.
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