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P 1 0 - 2 B In recent years, Darnell Company purchased three machines. Because of heavy turnover in the accounting department, a different accountant
PB In recent years, Darnell Company purchased three machines. Because of heavy turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and each selected a different method. Information concerning the machines is summarized below. Machine Acquired Cost Salvage Value Life in Years Method $ $ Straightline Decliningbalance UnitsofactivityFor the decliningbalance method, the company uses the doubledeclining rate. For theunitsofactivity method, total machine hours are expected to be Actual hours ofuse in the first years were ; ; and Instructionsa Compute the depreciation expense on each machine for years and show what the balance of accumulated depreciation would be at the end of year
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