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please answer CORRECTLY! Onion & Gray Industries purchased a new machine at the beginning of 2011 for $44,500. The company expected the machine to last

please answer CORRECTLY!

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Onion & Gray Industries purchased a new machine at the beginning of 2011 for $44,500. The company expected the machine to last for four years and have a salvage value of $500. The productive life of the machine was estimated to be 1,100,000 units. Yearly production was as follows: in 2011 it produced 57,000 units; in 2012 it produced 45,000 units; in 2013 it produced 26,000 units; and in 2014 it produced 972,000 units. Requirements a. Complete the depreciation schedule using the straight-line method. (Round your answers to the nearest dollar.) Acc. Dep. Book Value Depreciation Expense Year End of Year End of Year 2011 $ Cost of Equipment 44,500 44,500 44,500 44,500 2012 2013 2014 b. Complete the depreciation schedule using the double-declining balance method. (Round your answers to the nearest dollar.) Book Value Cost of Equipment $ 44,500 Depreciation Expense Acc. Dep. End of Year Year 2011 End of Year 2012 44,500 2013 44,500 44,500 2014 C. Complete the depreciation schedule using the activity method. (Round your answers to the nearest dollar.) Book Value Depreciation Expense Acc. Dep. End of Year End of Year Year 2011 2012 Cost of Equipment $ 44,500 44,500 44,500 44,500 2013 2014

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