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fast please Solve for the missing items, assuming straight-line depreciation is used: begin{tabular}{|l|l|l|l|} hline 4 & & & hline 5 & & Machine A
fast please
Solve for the missing items, assuming straight-line depreciation is used: \begin{tabular}{|l|l|l|l|} \hline 4 & & & \\ \hline 5 & & Machine A & Machine B \\ \hline 6 & Cost & $150,000 & (f) \\ \hline 7 & Residual value & $15,000 & $10,000 \\ \hline 8 & Useful life & 20 years & 40 years \\ \hline 9 & Depreciation rate & ( a) & (g) \\ \hline 10 & Annual depreciation amount & (b) & $6,000 \\ \hline 11 & Number of years owned before disposal & 12 & (h) \\ \hline 12 & Accumulated depreciation at disposal date & (c) & (i) \\ \hline 13 & Carrying Amount at Disposal & (d) & (j) \\ \hline 14 & Proceeds of disposal & $42,000 & $220,000 \\ \hline 15 & Gain (loss) on disposal & (e) & $18,000 \\ \hline & & & \\ \hline \end{tabular} Show all calculationsStep by Step Solution
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