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Hansen Supermarkets purchased a radio frequency identification (RF1D) system for one of its stores at a cost of $190,000, Hansen determined that the system had

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Hansen Supermarkets purchased a radio frequency identification (RF1D) system for one of its stores at a cost of $190,000, Hansen determined that the system had an expected life of 8 years (or 50,000,000 items scanned) and an expected residual value of $12,000. Required: 1. Determine the amount of depreciation expense for the first and second years of the system's life using the: a. Straight-line method. Depreciation expense: 9 per year b. Double-dedining-balance method. 2. If the number of items scanned the first and second vears were 6,100,000 and 5,600,000, respectively, compute the amount of depreciation expense for the first and second years of the system's lfe using the units-of-production depreciation method, Do not round intermediate calculations

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