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Depreciation Methods On January 2, 2015, Roth, Inc. purchased a laser cutting machine to be used in the fabrication of a part for one of

Depreciation Methods

On January 2, 2015, Roth, Inc. purchased a laser cutting machine to be used in the fabrication of a part for one of its key products. The machine cost $110,000, and its estimated useful life was four years or 1,050,000 cuttings, after which it could be sold for $5,000.

Required

a. Calculate each years depreciation expense for the machine's useful life under each of the following depreciation methods (round all answers to the nearest dollar): 1. Straight-line. 2. Double-declining balance. 3. Units-of-production. (Assume annual production in cuttings of 260,000; 390,000; 320,000; and 80,000.)

1. Straight-Line

Year Depreciation Expense
2015 $Answer

2016 Answer

2017 Answer

2018 Answer

image text in transcribed
3. Units of Production Dapreciation 26,000 9000 12.000 b. Assuma that the machin was purchased on July 1, 2015. Calculaeach year's depreciation "pense for the machine's usefull life under esch of the following deprecistion methods 1. Straight-ine. 2 Double-dedlining Exponde balance (Round answers 2 Double-declining balance (Round answers to the nearest whole number, whan appropriate. Year Exponie Check

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