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during Year 1, 2,300 hours in Year 2, 1,900 hours in Year 3, and 1,080 hours in Year 4. Required: Note: FOR DECLINING BALANCE ONLY,
during Year 1, 2,300 hours in Year 2, 1,900 hours in Year 3, and 1,080 hours in Year 4. Required: Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar. a. Straight-line method b. Units-ot-activity method c. Double-declining-balance method a. On December 31 , the company determined that $1,100,000 of goodwill was impaired c. Timber rights on a tract of land were purchased for $1,530,000 on February 4 . The stand of timber is an estimated economic life of 10 years. Amortization is to be for one-fourth of a year. Required
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