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Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $18,500. Its estimated residual value was $5,500 at the
Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $18,500. Its estimated residual value was $5,500 at the end of an estimated 5-year lfe. The company expects to produce a total of 10,000 units. The company produced 750 units in 2018 and 1,200 units in 2019. Required a. Calculate depreciation expense for 2018 and 2019 using the straight-line method b. Calculate the depreclation expense for 2018 and 2019 using the units-of-production method c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method. Complete this question by entering your answers in the tabs below Required ARequired BReqired C Calculate depreciation expense for 2018 and 2019 using the straight-line method 2018 2019 Depreciation Expense Per Year Required A Required BX Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $18,500. Its estimated residual value was $5,500 at the end of an estimated 5-year lfe. The company expects to produce a total of 10,000 units. The company produced 750 units in 2018 and 1,200 units in 2019. Required a. Calculate depreciation expense for 2018 and 2019 using the straight-line method b. Calculate the depreclation expense for 2018 and 2019 using the units-of-production method c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method. Complete this question by entering your answers in the tabs below BRequired C Required A Required Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar.) 2019 2018 Depreciation Expense Required A Required C> Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $18,500. Its estimated residual value was $5,500 at the end of an estimated 5-year lfe. The company expects to produce a total of 10,000 units. The company produced 750 units in 2018 and 1,200 units in 2019. Required a. Calculate depreciation expense for 2018 and 2019 using the straight-line method b. Calculate the depreclation expense for 2018 and 2019 using the units-of-production method c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method. Complete this question by entering your answers in the tabs below Required BRequired C Required A Calculate depreciation expense for 2018 through 2022 using the double-declining balance method. (Round your final answers to nearest whole dollar.) 2018 2019 2020 2021 2022 Depreciation Expense
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