One of the depreciation methods companies use is unit depreciation, whose formula is as follows: Depreciation per unit - Historical cost - Deprec. Accum. - Residual value NO Onemann On Jan 1, 2017 the company Apernada SpA started its activities, buying a machine to manufacture bolts. The machine was purchased in the United States at a price of USD 100.000, plus a freight and insurance of USD 10,000, all exempt from VAT. The cost of factory installation amounted to $ 3 million VAT. The technical specifications of the machine indicated that it was designed to produce 1 million bolts and therefore it was decided to depreciate it proportionally according to the units produced over that quantity. Finally, it was estimated that this machine It would be sold at the end of its useful life at the minimum value it could have, which amounted to $10 millions The following table presents information associated with the machine for the four years following from its acquisition Year Production (No. of bolts) 2017 100,000 2018 140.000 2019 60,000 2020 200.000 On 27 Jan/2019 the machine had its first malfunction, proceeding that day to import a spare part for USD 1,000 and pay a technician for $ 500,000, all exempt from VAT. That same day, and To take advantage of the technician's trip, an improvement was made to the machine for $3,800,000 + VAT, which I would allow to manufacture the bolts with a saving of 30% in the cost of the operation of the machine due to increased fuel efficiency On Jan 2, 2020 an upgrade was made to the machines, at a cost of $ 16,500,000 - VAT. This improvemena allowed the machine to increase its production capacity by 500,000 bolts over the that they had left to produce Routine maintenance was done each year at a cost of $ 1 million + VAT per year. Throughout At the moment, the exchange rate remained at USD/CLP 700, and the VAT rate at 19% It asks: 1. Determine the annual depreciation of the machine for each year. 19.5 points. 2. Suppose that on Jan 2, 2021 a fire broke out that affected the machine. Insurance paid $ 30 million, which was used to repair the machine. However, it was not possible that remain the same as it was before the accident, estimating that it could produce only 600,000 more bolts thereafter, and it will have no residual value. During the year 2021 the machine will have manufactured 80.000 bolts, and management considers it not worth making maintenance. Register the accounting entries for the year 2021. 6 points. 3. How would depreciation in 2020 have changed if the improvement made at the beginning of that year it would not have altered the production capacity, and instead would have had the same effects that the improvement made at the beginning of the year 2019? 4.5 points. One of the depreciation methods companies use is unit depreciation, whose formula is as follows: Depreciation per unit - Historical cost - Deprec. Accum. - Residual value NO Onemann On Jan 1, 2017 the company Apernada SpA started its activities, buying a machine to manufacture bolts. The machine was purchased in the United States at a price of USD 100.000, plus a freight and insurance of USD 10,000, all exempt from VAT. The cost of factory installation amounted to $ 3 million VAT. The technical specifications of the machine indicated that it was designed to produce 1 million bolts and therefore it was decided to depreciate it proportionally according to the units produced over that quantity. Finally, it was estimated that this machine It would be sold at the end of its useful life at the minimum value it could have, which amounted to $10 millions The following table presents information associated with the machine for the four years following from its acquisition Year Production (No. of bolts) 2017 100,000 2018 140.000 2019 60,000 2020 200.000 On 27 Jan/2019 the machine had its first malfunction, proceeding that day to import a spare part for USD 1,000 and pay a technician for $ 500,000, all exempt from VAT. That same day, and To take advantage of the technician's trip, an improvement was made to the machine for $3,800,000 + VAT, which I would allow to manufacture the bolts with a saving of 30% in the cost of the operation of the machine due to increased fuel efficiency On Jan 2, 2020 an upgrade was made to the machines, at a cost of $ 16,500,000 - VAT. This improvemena allowed the machine to increase its production capacity by 500,000 bolts over the that they had left to produce Routine maintenance was done each year at a cost of $ 1 million + VAT per year. Throughout At the moment, the exchange rate remained at USD/CLP 700, and the VAT rate at 19% It asks: 1. Determine the annual depreciation of the machine for each year. 19.5 points. 2. Suppose that on Jan 2, 2021 a fire broke out that affected the machine. Insurance paid $ 30 million, which was used to repair the machine. However, it was not possible that remain the same as it was before the accident, estimating that it could produce only 600,000 more bolts thereafter, and it will have no residual value. During the year 2021 the machine will have manufactured 80.000 bolts, and management considers it not worth making maintenance. Register the accounting entries for the year 2021. 6 points. 3. How would depreciation in 2020 have changed if the improvement made at the beginning of that year it would not have altered the production capacity, and instead would have had the same effects that the improvement made at the beginning of the year 2019? 4.5 points