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Exercise 9-3 On March 1, 2019, Splish Brothers Inc. acquired real estate on which it planned to construct a small office building. The company paid

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Exercise 9-3 On March 1, 2019, Splish Brothers Inc. acquired real estate on which it planned to construct a small office building. The company paid $77,000 in cash. An old warehouse on the property was razed at a cost of $10,400; the salvaged materials were sold for $3,300. Additional expenditures before construction began included $1,000 attoney's fee for work concerning the land purchase, $5,400 real estate broker's fee, $7,300 architect's fee, and $14,900 to put in driveways and a parking lot. (a) Determine the amount to be reported as the cost of the land. Cost of land Click if you would like to Show Work for this question: Open Show Work Exercise 9-6 Skysong, Inc. purchased a new machine on October 1, 2019, at a cost of $118,000. The company estimated that the machine will have a salvage value of $12,000. The machine is expected to be used for 10,000 working hours during its 5-year life. Compute the depreciation expense under straight-line method for 2019. (Round answer to 0 decimal places, e.g. 2,125.) 2019 Depreciation expense Compute the depreciation expense under units-of-activity for 2019, assuming machine usage was 1,610 hours. (Round depreciable cost per unit to 2 decimal places, e.g. 0.50 and depreciation rate to 0 decimal places, e.g. 15%. Round final answer to 2 decimal places, e.g. 2,125.25.) 2019 Depreciation expense s Compute the depreciation expense under declining-balance using double the straight-line rate for 2019 and 2020. (Round answers to 0 decimal places, e.g. 2,125.) 2019 2020 Depreciation expense Click if you would like to Show Work for this question: Open Show Work

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