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Du-point co. purchases a factory machine at a cost of Tk.1,850,000 on March 01, 2015. Du-point expects the machine to have a salvage value of

Du-point co. purchases a factory machine at a cost of Tk.1,850,000 on March 01, 2015. Du-point expects the machine to have a salvage value of Tk.50,000 at the end of its 3-years useful life. During its useful life, the machine is expected to be used 1,200,000 hours. Actual annual hourly use was:

Year

Hours

2015

400,000

2016

300,000

2017

500,000

Requirements:

Prepare depreciation schedules for assets under the following methods:

a) Units of activity

b) Sum of year

c) Double declining balance

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