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In recent years, Cane Company has purchased three machines, because of the m ove turnover in the accounting department, a Gerent accountant was in charge

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In recent years, Cane Company has purchased three machines, because of the m ove turnover in the accounting department, a Gerent accountant was in charge of selecting the depreciation method for each machine and various methods have been used information concerning the machines summarized in the table below Salvage Machine Useful Life (in years) Acquired jan. 1, 2020 Ny 1.2021 Nov. 1, 2021 Cost $121,500 71.000 68.100 $11.500 12,000 3.100 Depreciation Method Straight-line Declining-balance Unit of activity For the declining balance method, Crane Company uses the double-declining rate. For the units of activity method, total machine hours are expected to be 30,000. Actual hours of use in the first 3 years were: 2021, 710; 2023, 5,900 and 2023, 7,300. your answer is partially correct. Thyagan Compute the mount of accumulated depreciation on each machine at December 31, 2023 MACHINE 2 MACHINE MACHINE T 44000 Accumulated Depreciation at December 31 2730

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