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On September 25, 202w, Sochi Sports bought machinery for $156,000. It was determined that the machinery would be used for three years or until it
On September 25, 202w, Sochi Sports bought machinery for $156,000. It was determined that the machinery would be used for three years or until it produced 43,000 units and then it would be sold for about $27,000. Assume actual units produced: 202w: 15,000 202x: 22,000 202y: 26,000 202z: 5,000 Required: Complete the following depreciation schedule by calculating annual depreciation expense to the nearest whole month for 202w, 202x, 202y & 2022. Round final answers to the nearest dollar but do NOT round during calculations. Show work to support your final answers. Depreciation Method Year Straight-line Double -Declining Balance 202w 202x 2027 2022 Depreciation Method Year Units of Production 202w 202x 202 202z
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