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Please give the answer written out on chegg. please do not send just a photo on paper. Thanks! Danico Co. purchased a machine on March
Please give the answer written out on chegg. please do not send just a photo on paper. Thanks!
Danico Co. purchased a machine on March 1, 2019, for $150,000. Calculate the annual depreciation expense under all three methods (straight-line, units-of-production and double-declining-balance) for each year of the machine's life (estimated at 5 years or 50,000 hours with a residual value of $15,000). During the machine's life it was used 15,000; 14,000; 5,0009,000 and 6,000 hours. Danico's year-end is December 31 Step by Step Solution
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