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LUS Kieso, Intermediate Accounting, 16e y & Practice Assignment Gradebook ORION Downloadable eTextbook Assignment BURCES TER Problem 11-11 Wiley PLUS Philex Hele Contact Us
LUS Kieso, Intermediate Accounting, 16e y & Practice Assignment Gradebook ORION Downloadable eTextbook Assignment BURCES TER Problem 11-11 Wiley PLUS Philex Hele Contact Us La INTERMEDIATE ACCOUNTING (ACCT 311 CALCULATOR FULLSCREEN PRINTER VERSION BACK NEXT On January 1, 2015, a machine was purchased for $90,000. The machine has an estimated salvage value of $6,000 and an estimated useful fife of 5 years. The machine can operate for 100,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2015, 20.000 hrs: 2016, 25,000 hrs: 2017, 15,000 hrs: 2018, 30,000 hrs; and 2019, 10,000 hrs. Compute the annual depreciation charges over the machine's life assuming a December 31 year-end for each of the following depreciation methods. (Round answers to 0 decimal places, e.g. 45,892.) (1) Straight-line Method (2) Activity Method Study Year 2015 2016 2017 2018 2019 (3) Sum-of-the ears Digits Method TRE DES 39 MAIS ii e 40 D e . 0 44
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