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m. On January 2, 2021, Jatson Corporation acquired a new machine with an estimated useful life of five years. The cost of the equipment was
m. On January 2, 2021, Jatson Corporation acquired a new machine with an estimated useful life of five years. The cost of the equipment was $70,000 with an estimated residual value of $6,000. 10 points a-3. Prepare a complete depreciation table under the 150 percent declining-balance with a switch to straight-line when it will maximize depreciation expense. Assume that a full year of depreciation was taken in 2021. eBook Print noforonco Complete this question by entering your answers in the tabs below. Check my work 3 Req A1 Req A2 Req A3 10 points Prepare a complete depreciation table under the 150 percent declining-balance with a switch to straight-line when it will maximize depreciation expense. Assume that a full year of depreciation was taken in 2021. (Round your final answers to the nearest whole number.) Year eBook Depreciation Accumulated Book Value Expense Depreciation $ 21,000 $ 21,000 $ 49,000 14,700 35,700 34,300 2021 Print 2022 References 2023 2024 2025 64,000 6,000
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