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P11-11 (LOI,2) (Depreciation for Partial Periods SL, Act., SYD, and DDB) On J for $90,000. Th for 100,000 hours before it needs to be replaced.
P11-11 (LOI,2) (Depreciation for Partial Periods SL, Act., SYD, and DDB) On J for $90,000. Th for 100,000 hours before it needs to be replaced. The compa lows: 2015, 20,000 hours; 2016, 25,000 hours; 2017, 15,000 hours; 2018, 30,000 hours; and 2019, 10,000 hours anuary 1,2015, a machine was purchased e machine has an estimated salvage value of $6,000 and an estimated useful life of 5 years. The machine can operate Instructions (a) Compute the annual depreciation charges over the machine's life assuming a December 31 year-end for each of the fol- 3) Sum-of-the-years'-digits method. (4),Double-declining-balance method. (b) Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset's life applying each (3) Double-declining-balance method. lowing depreciation methods (1) Straight-line method. (2 Activity method. of the following methods. (1) Straight-line method. (2) Sum-of-the-years'-digits metho ce OnTanuary1.2016, Locke Company, a small
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