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Paper Printing Company purchased a copy machine for $65,000 on January 1, 2010. The copy machine had an estimated useful life of five years or

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Paper Printing Company purchased a copy machine for $65,000 on January 1, 2010. The copy machine had an estimated useful life of five years or 1,000,000 copies. Paper Printing estimated the copy machine's salvage value to be $5,000. The company made 250,000 copies in 2010 and 190.000 copies in 2011 Requirements 1. Calculate the depreciation expense for each year using the straight line method - Depreciation expenso Now we can determine the depreciation per unit. (Round to two decimal places) Cost per copy Now we can determine the depreciation per unit. (Round to two decimal places.) Cost per copy Now that the cost per unit has been established we can now depreciate the copy machine based on the number of copies produced Depreciation expense Year 2010 2011 2. Which method portrays the actual use of this asset more accurately? Explain your answer When using straight-line depreciation the depreciation expense is lower at the end of the life of the asset Straight-line depreciation assumes that the asset will be used every year. Activity depreciation is also known as The activity method depends on the number of units produced Choose from any list or enter any number in the input fields and then continue to the next

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