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On June 9, 2016, Wildhorse Company purchased manufacturing equipment at a cost of exist344, 520. Wildhorse estimated that the equipment will produce 599, 400 units

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On June 9, 2016, Wildhorse Company purchased manufacturing equipment at a cost of exist344, 520. Wildhorse estimated that the equipment will produce 599, 400 units over its 4-year useful life, and have a residual value of exist14, 850. The company has a December 31 fiscal year end and has a policy of recording a half-years depreciation in the year of acquisition. Calculate depreciation under the straight-line method for 2016 and 2017. (Round answers to 0 decimal places, e.g. 5, 275.) Calculate the depreciation expense under the double diminishing balance method for 2016 and 2017. (Round answers to 0 decimal places, e.g. 5, 275.) Calculate the depreciation expense under the units-to-production method, assuming the actual number of units produced was 70, 780 in 2016 and 118, 160 in 2017. (Round cost per unit to 2 decimal places, e.g. 5.27 and round final answers to 0 decimal places, e.g. 5, 275.)

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