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Maples Unlimited bought a machine at the beginning of the year at a cost of $38,000. The estimated useful life was five years and the

Maples Unlimited bought a machine at the beginning of the year at a cost of $38,000. The estimated useful life was five years and the residual value was $2,000. Assume the estimated productive life of the machine is 18,000 units. Expected annual production was year 1.3.600 units; year 2, 4,600 units: year 3, 3,600 units: year 4, 3,600 units; and year 5, 2.600 units. Required: ed 1. Complete a depreciation schedule for the units-of-production method. 2. Prepare the journal entry to record Year 2 depreciation. ok Complete this question by entering your answers in the tabs below. int Required 1 Required 2 int erences Complete a depreciation schedule for the units-of-production method. (Do not round intermediate calculations. Round final answers to the nearest whole dollars.) Income Statement Balance Sheet Year Depreciation Expense Cost At acquisition 1 2 3 4 5 Accumulated Depreciation Book Value Required 2 > ces Turquoise Associates bought a machine at the beginning of the year at a cost of $17,500. The estimated useful life was five years and the residual value was $2,000. Required: 1. Complete a depreciation schedule for the double-declining-balance method. 2. Prepare the journal entry to record Year 2 depreciation. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete a depreciation schedule for the double-declining-balance method. (Do not round intermediate calculations. Round final answers to the nearest whole dollars.) Income Statement Balance Sheet Year Depreciation Expense Cost Accumulated Depreciation Book Value At acquisition 1 2 3 4 5 Required 1 Required 2 >

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