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eztomheducation.com exmapindex combo 4. Banko Inc, manufactures sporting goods. The following information applies to a machine purchased on January 1 Yeart 4 pots 38,200 $7.000

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eztomheducation.com exmapindex combo 4. Banko Inc, manufactures sporting goods. The following information applies to a machine purchased on January 1 Yeart 4 pots 38,200 $7.000 5 3.030 Purchase price Delivery cost Installation charge Estimated lite Estimated unite Salvage eatinate 147,010 $5.010 During Year 1, the machine produced 43.000 units, and during Year 2 it produced 45,000 units Required a. Determine the amount of depreciation expense for Yeart and Year 2 using straight line method b. Determine the amount of depreciation expense for Year and Year 2 using double declining balance method c. Determine the amount of depreciation expense for Year 1 and Year 2 using units of production method d. Determine the amount of depreciation expense for Year 1 and Year 2 using MACRS, assuming that the machine is classified as seven year property Round your answers to the nearest dollar amount.) hances MACRS table 5-Year Year property property 1 14.29 3 17.49 11.52 11.53 6 5.36 8.92 Year 1 Year 2 a. Depreciation expense Depreciation Depreciation expen d Depreciation expense eztomheducation.com exmapindex combo 4. Banko Inc, manufactures sporting goods. The following information applies to a machine purchased on January 1 Yeart 4 pots 38,200 $7.000 5 3.030 Purchase price Delivery cost Installation charge Estimated lite Estimated unite Salvage eatinate 147,010 $5.010 During Year 1, the machine produced 43.000 units, and during Year 2 it produced 45,000 units Required a. Determine the amount of depreciation expense for Yeart and Year 2 using straight line method b. Determine the amount of depreciation expense for Year and Year 2 using double declining balance method c. Determine the amount of depreciation expense for Year 1 and Year 2 using units of production method d. Determine the amount of depreciation expense for Year 1 and Year 2 using MACRS, assuming that the machine is classified as seven year property Round your answers to the nearest dollar amount.) hances MACRS table 5-Year Year property property 1 14.29 3 17.49 11.52 11.53 6 5.36 8.92 Year 1 Year 2 a. Depreciation expense Depreciation Depreciation expen d Depreciation expense

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