*need to check my answers: Question 1: Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $43,500. The machines useful life is estimated at 10 years, or 385,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 units of product.

Determine the machines second-year depreciation under the:

A. Straight-line = my answer is $3850 just need to check

B. units of production= y answer is $3250

C. Assume that the machine was installed on March 1 of the current year. Using the straight-line method of depreciation, what would the first year depreciation expense be?

My answer is $3208

Question 2:

t December 31, 2019, Ingleton Company reports the following results for the year.

Cash sales: $1,025,000

Credit sales: $1,342,000

In addition, its unadjusted trial balance includes the following items.

Accounts Receivable $575,000 debit

Allowance for doubtful accounts $7,500 credit

Prepare the adjusting entry for Ingleton Co. to recognize bad debts under each of the following independent assumptions:

A) Bad debts are estimated to be 2.5% of credit sales. My answer is $33,550

B) Bad debts are estimated to be 1.5% of total sales. My answer is $35,505

C) An aging analysis estimates that 6% of year-end accounts receivable are uncollectible. My answer is $27,000