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Please answer if the format of the question. On January 1,2018 , a machine was installed at Johnson Factory at a cost of $53,000. Its
Please answer if the format of the question.
On January 1,2018 , a machine was installed at Johnson Factory at a cost of $53,000. Its estimated residual value at the end of its estimated life of 4 years is $20,000. The machine is expected to produce 103,125 units with the following production schedule: (Click the icon to view the production schedule.) Complete depreciation schedules for (a) straight-line, (b) units-of-production, and (c) double declining-balance at twice the straight-line rate methods. Data table (a) Complete the depreciation schedule using the straight-line method. - 2018: 11,000 units - 2019: 29,000 units Beg. =Step by Step Solution
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