Question
On January 2, 2015, Roth, Inc. purchased a laser cutting machine to be used in the fabrication of a part for one of its key
On January 2, 2015, Roth, Inc. purchased a laser cutting machine to be used in the fabrication of a part for one of its key products. The machine cost $110,000, and its estimated useful life was four years or 1,050,000 cuttings, after which it could be sold for $5,000.
b. Assume that the machine was purchased on July 1, 2015. Calculate each years depreciation expense for the machine's usefullife under each of the following depreciation methods:
2. Double-declining balance
2. Double-declining balance (Round answers to the nearest whole number, when appropriate.)
YearDepreciation Expense2015$Answer
2016Answer
2017Answer
2018Answer
2019Answer
I need this explained, not just answers
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