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On January 5, 2018 Calvin's Cropcrushers, Inc. purchased crop crushing equipment for which the following information is available: Original cost.................. $3,800,000 Estimated residual value....... $200,000

On January 5, 2018 Calvin's Cropcrushers, Inc. purchased crop
crushing equipment for which the following information is available:
Original cost.................. $3,800,000
Estimated residual value....... $200,000
Useful life in years........... 10 years
Useful life expressed in operating hours 20,000 hours

8 The SECOND year (2019) depreciation if double declining balance is used.
9 The accumulated depreciation at December 31, 2019 (end of
second year) if double declining balance (DDB) is used.
10 The book value of the equipment on December 31, 2019
assuming double declining balance is employed.
11 The depreciation for year 2020 assuming the equipment is sold
on Oct. 31, 2020 and double declining balance is used.
12 The gain or loss (INDICATE WHICH) which would result if the equip.
is sold for 2,136,667 on October 31, 2020 and DDB is used.
13 The SECOND year (2019) depreciation if sum of the years digits is used

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