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fill in blanks and show work so i can double check my work A machine that cost $422,500, with a four-year life and an estimated
fill in blanks and show work so i can double check my work
A machine that cost $422,500, with a four-year life and an estimated $40,000 residual value, was installed in Haley Company's factory on September 1, 2023. The factory manager estimated that the machine would produce 450.000 units of product during its life. It actually produced the following units; 2023, 20,500; 2024, 128,000; 2025, 115,000; 2026, 102,700; and 2027, 97,000. The company's year-end is December 31. Required: Show the depreciation for each year and the total depreciation for the machine under each depreciation method calculated to the nearest whole month. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Step by Step Solution
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