Depreciation methods

1. This year, a company acquired a milling machine for $1,800,000. To import it, it had to pay $70,000, as well as $5,800 for transportation. In addition, a specialist engineer was hired, who charged $10,000 in fees to install it and leave it running. He determines the cost of the machine, which must be recorded in accounting.

2. A company purchased a packaging machine on September 15, paying for it. $300,000. It is estimated that the machine can package 5,400,000 products during its useful life and at the end of its useful life it could be worth $15,000. There are records of the machine's operation during the first months (packaged products): September 15,000 units October 35,000 units November 28,500 units December 32,700 units a) Calculate the depreciation expense for each of the previous months. b) Determine the amount of accumulated depreciation as of December 31

4. Andros, S.A. decided to exchange its transportation equipment with a book value of $95,000 (cost of $178,000 less $83,000 accumulated depreciation) for new equipment for $265,000. Andros, S.A. paid cash, receiving a $100,000 bonus for the equipment he had. Calculate the following: a) Gain or loss occurred in the exchange of assets. b) Accounting record of the transaction.