Kingbird Compary purchased a naw machina on September $1,2022,$ at a cest of $$140,000.$ The compamy astimated that the rachine

$($a$)$

Your answer is correct te$.15250$ U

Depreciation expenta for:

$2022$$

$2023$$

$2024,$

eTerbook and Medla

Llst of Accounts

Attempts: $5$ of $10$ used

$($b$)$

Your answar is correct

Cempute the deprsciation ecperes under the Units$-$ot$-$activity for $2022$ asuming machine ugage was $890$ hours.

Depreciation expense for $2022$ $

eTextbook and Medla

Llst of Accounts

Attempts: $3$ of $10$ used

$($c$)$

Your ansviar is correct

Compute the depreciation expsnes undsr the Declinins$-$balance using double tha straighe$-$lina rats for $2022,2023,$ and $2024.($Round answas to Odecimal places es$.15250)$

Depreciation expense for:

ETertbook and Medis

Llst of Accounts

Attempts: $7$ of $10$ used

$($d$)$

Your angver iscarrect

Assime the streight$-$line mathod is used. What amount of cain or lass would Kingbird reconnizs if thay sell the asest for $$65,000$ on $12/31/24?($Round onswer to $0$ derimal ploces es$.15250)$

eTextbook and Medla

Llst of Accounts

Attempts $4$ of $10$ used

$($e$)$

Your answer is partially correct.

Assume the double$-$dedining balancs method is used. What amount of gain or loss would Kingbird recognizs if they sell the asset for $$65,000$ on $\frac{12}{31}\frac{?}{24}?$