Question
On September 1, 2018, Microsoft Company purchased a new machine for $900,000. The machine is estimated to have a 500,400 salvage value after its 10-year
On September 1, 2018, Microsoft Company purchased a new machine for $900,000. The machine is estimated to have a 500,400 salvage value after its 10-year useful life. The machine is expected to be used 20,000 working hours over its useful life. Instructions: Complete the following depreciation schedules for 2019 and 2020. All answers should have dollar signs and commas. For example, your answers could be in the following formats: $5,000 or $15,000 or $160,000 Straight-Line Method Year Depreciation Expense Accumulated Depreciation Book Value 2019) 2020 Declining Balance Method (Assuming double the straight-line rate) Year Depreciation Expense Accumulated Depreciation Book Value 2019 2020 Units of Activity Method (Assuming machine working hours are as follows: 2019: 1,500; 2000: 4,000) Year Depreciation Expense Accumulated Depreciation Book Value 2019 2020 Moving to another question will save this response 2 MacBook Air 22 #? 80 F3 $ A DOO DOO FA % 25 ^ C & 87 Qumution 22 of 2 +11 F10 F * Complete the following depreciation schedules for 2019 and 2020. All answers should have dollar signs and commas. For example, your am Straight-Line Method Year Depreciation Expense Accumulated Depreciation Book Value 2019 2020 Declining Balance Method (Assuming double the straight-line rate) Year Depreciation Expense Accumulated Depreciation Book Value 2019 2020 Units of Activity Method (Assuming machine working hours are as follows: 2019: 1,500; 2020: 4,000) Year Depreciation Expense Accumulated Depreciation Book Value 2019 2020 Moving to another question will save this response. MacBook Air
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