marks Window Help ? ? 100% gg. Sun 9:52 PM ? ereader.chegg.com Marketplace Windows Media Suggested Sites See What's Hot Web Slice Gallery Google Apple Disney ESPN Yahoo! Premium Paradise Kick. .ker Releasess No Bleach Batman (201 Thanos (2016. One Piece So. https://portal.... Taboo Sea Netlix Analysis Component 4. Defend or refute this statement: Accelerated depreciation results in payment of more taxes over the asset's life. Problem 8-2B Depreciation methods P On January 2, Manning Co.purchases and installs a new machine costing $324,000 with a five-year life and an estimated $30,000 salvage value. Management estimates the machine will produce 1,470,000 units of product during its life. Actual production of units is as follows: 355,600 in 1st year, 320,400 in 2nd year, 317,000 in 3rd year, 343,600 in 4th year, 138 500 in 5th year. The total number of units produced by the end of year 5 exceeds the original estimate-this difference was not predicted. (The machine must not be depreciated below its estimated salvage value.) Required Prepare a table with the following column headings and compute depreciation for each year (and total depreciation of all years combined) for the machine under eaph depreciation method Year Stralght-Line Unlts-of-Production Double-Dedining-Balance Check DDB Deprociation,year 3, 546 656 U-od-P Depreciation, ycar 4, $68,720 Problem 8-3B Asset cost allocation; straight-line depreciation C1 P In January 2017, ProTech Co. pays $1550,000 for a tract of land with two buildings. It plans to demolish Building A and build a new shop in its 0 8