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Equipment costing $10,800 with a 5-year useful life and an estimated $1,800 salvage value is acquired and started operating on January 1. The equipment is

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Equipment costing $10,800 with a 5-year useful life and an estimated $1,800 salvage value is acquired and started operating on January 1. The equipment is estimated to produce 3.000 units of product during its life. It produced 450 units in the first year od Compute depreciation for the first year under straight-line, units-of-production, and double-declining balance. Complete this question by entering your answers in the tabs below. ht int ence Required 1 Required 2 Required 3 Compute depreciation for the first year under straight-line Straight-Line Depreciation Choose Numerator: 1 Choose Denominator: 1 1 Annual Depreciation Expense Depreciation expenso Required information The flowing formation applies to the questions de below! on 23 of the current yew Dakota Mining Company Days 205.640 for and estimated to contain 9.096000 tons of recoverable ore installs and pays for machinery costing 31455,360 on July 25. The company removes and els 467000 tons of ore during its truve months of operacions ending on December Depreciation of the machinery is in proportion to the mines depletion as the machinery will be abandoned after the remained Required Prepare reies to record foring The purchase of the land The cost and station of machinery 19 The festive mon cepletion suming the line at ane lage value oferte reis mined other moderation on the machinery Complete this is by entering your answers in the tabs below to each GT + W E R 1 Pt1 S K IL DFGH v N B M

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