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Matt Company purchases equipment on January 1 , Year 1 , at a cost of $ 9 5 0 , 0 0 0 . The
Matt Company purchases equipment on January Year at a cost of $ The asset is expected to have a service life of years and a salvage value of $ It is expected to last for machine hours. In Year one it was used for machine hours and in year two it was used for hours. Calculate the year two depreciation expense using the following methods Round to the nearest dollar: Blank Straight Line: Blank Sum of the Years Digits: Blank Units of Production: Blank Double Declining:
Matt Company purchases equipment on January Year at a cost of $ The asset is expected to have a service life of years and a salvage value of $ It is expected to last for machine hours. In Year one it was used for machine hours and in year two it was used for hours.
Calculate the year two depreciation expense using the following methods Round to the nearest dollar:
Blank Straight Line:
Blank Sum of the Years Digits:
Blank Units of Production:
Blank Double Declining:
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