Parto Required information The following information applies to the questions displayed below) At the beginning of the year, Start Systems bought a shed a machine, and a trailer The shed initially cost $20 600 but had to be renovated at a cost of $600. The shed was expected to last 7 years with a residual value of $4600 Repairs costing $420 were incurred at the end of the first year of use The machine cost 511400, and is estimated to have a total life of 40.000 hours and residual value of $900. The machine was actually used 2.000 hours in year 1 and 4,000 hours in year 2 The trailer cost $11600 and was expected to last 4 years, with a residual value of $2.000 1 Hoteroncos 3. Compute year 2 units of production depreciation expense for the machine. (Do not round intermediate calculations.) 9 Part of Required information The following information apples to the questions displayed below! At the beginning of the year, Start Systems bought a shed, a machine, and a trailet. The shed initially cost $20.600 but hod to be renovated at a cost of $600. The shed was expected to last 7 years with a residual value of $1,600. Repairs costing $420 were incurred at the end of the first year of use. The machine cost $11.400, and is estimated to have a total life of 40,000 hours and residual value of $900. The machine was actually used 2.000 hours in year 1 and 4,000 hours in year 2 The trailer cost $11,600 and was expected to last 4 years, with a residual value of $2.000. 1 points Print Bence 3. Compute year 2 units of production depreciation expense for the machine. (Do not round intermediate calculations.) Year 2 units of production depreciation De Required information (The following information applies to the questions displayed below.) At the beginning of the year. Starr Systems bought a shed, a machine, and a trailer. The shed initially cost $20.600 but had to be renovated at a cost of $600. The shed was expected to last 7 years, with a residual value of $1,600 Repairs costing $420 were incurred at the end of the first year of use The machine cost $11.400, and is estimated to have a total life of 40,000 hours and residual value of $900. The machine was actually used 2,000 hours in year 1 and 4,000 hours in year 2. The traller cost $11,600 and was expected to last 4 years, with a residual value of $2,000. 4. Prepare the journal entry to record year 2 units of production depreciation expense for the machine. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet
