number 2 letters a, b, c
Problem an (1/ point SHOW AND LABEL ALL CALCULATTONS CLEARLYI! The McCartly and Mars (iM) Conspary purchused a new machbe en Jacuiry 1,2020 for a lite price of installation and delivery charges of 524,000 in total. MM who paid 96.000 to have the old machine removed and disposed of. During the intallation prosers Mars tripped over the intaller and knocked MeCirthy itso the machine causing damaget to the machine in the amount of 53,000 . The machine in expected to have a aseful life of 10 years or 230,000 anits with an etimatrd ainige value of $20,000. There were 30,000 units prodoced in 2020 and 35,000 units prodiced in 2021 . If neceiary, round your answers to the nearest dohler. REQUIREMENIS: SHOW ALI. COMPUTATIONS CLEARLYI! 1. Compute the initial cost of the machine on 1-1-2020. 500,000600024,000=530,000 IGNORE YOUR ANSWER TO PART I AND ASSUME THE INITIAL. COST IS $570.000 FOR THE REMAINING PARTS OF THIS PROBLEM! THE SALVAGE VALUE IS STILL s20,000 2. Compute the depreciation expense for 2020 and 2021 under each of the methods below. Assume the company has a calendar year-end. a. Straight-line: 2020: 2021: b. Sum-of-the-years-digits methed (SYD): 2020 : 2021: e. Double-Declining Balance Method (DDB): (AFTER YOU DOUBLE, CARRY THE FDUL. DDB \$ TO TWO DECIMAL PLACES) 2020 2021 Problem an (1/ point SHOW AND LABEL ALL CALCULATTONS CLEARLYI! The McCartly and Mars (iM) Conspary purchused a new machbe en Jacuiry 1,2020 for a lite price of installation and delivery charges of 524,000 in total. MM who paid 96.000 to have the old machine removed and disposed of. During the intallation prosers Mars tripped over the intaller and knocked MeCirthy itso the machine causing damaget to the machine in the amount of 53,000 . The machine in expected to have a aseful life of 10 years or 230,000 anits with an etimatrd ainige value of $20,000. There were 30,000 units prodoced in 2020 and 35,000 units prodiced in 2021 . If neceiary, round your answers to the nearest dohler. REQUIREMENIS: SHOW ALI. COMPUTATIONS CLEARLYI! 1. Compute the initial cost of the machine on 1-1-2020. 500,000600024,000=530,000 IGNORE YOUR ANSWER TO PART I AND ASSUME THE INITIAL. COST IS $570.000 FOR THE REMAINING PARTS OF THIS PROBLEM! THE SALVAGE VALUE IS STILL s20,000 2. Compute the depreciation expense for 2020 and 2021 under each of the methods below. Assume the company has a calendar year-end. a. Straight-line: 2020: 2021: b. Sum-of-the-years-digits methed (SYD): 2020 : 2021: e. Double-Declining Balance Method (DDB): (AFTER YOU DOUBLE, CARRY THE FDUL. DDB \$ TO TWO DECIMAL PLACES) 2020 2021