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On March 1, 2015, Copy Line paid $102,000 for a new copy machine.It was estimated that the machine would produce 850,000 copies over the next

On March 1, 2015, Copy Line paid $102,000 for a new copy machine.It was estimated that the machine would produce 850,000 copies over the next 5 years, at which time it could be sold for $17,000.The copy machine made the following amount of copies during its life:

2015110,000 copies

2016168,000 copies

2017154,000 copies

2018143,000 copies

201987,500 copies

It was sold on June 1, 2019 for $18,500.

1.Assuming Copy Line uses the Double-Declining Balance method of depreciation, calculate 2018 depreciation expense:

a.$7,480

b.$9.792

c.$14,300

d.$17,300

e.$34,000

2.Assuming instead, that Copy Line uses the Unit of Production method of depreciation, calculate the amount in Copy Line's accumulated depreciation account as of 12/31/17 (after adjustments):

a.$15,400

b.$18,480

c.$38,617

d.$43,200

e.$51,840

PLEASE PROVIDE EXPLANATION

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