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Please help me answer this homework and please show your work on the how you calculate it section. Depreciation Methods On January 2, 2018, Javier
Please help me answer this homework and please show your work on the "how you calculate it" section.
Depreciation Methods On January 2, 2018, Javier Company purchased an electroplating machine to help manufacture a part for one of its key products. The machine cost $437,400 and was estimated to have a useful life of six years or 781,200 plating's, after which it could be sold for $46,800. Required 1. Calculate each year's depreciation expense for the period 2018-2023 under each of the following depreciation methods: a. Straight-line. D + 2 3 4 How you calculat it Depreciation Amount 5 2018 6 2019 2020 8 2021 2022 10 2023 11 Total 12 13 *Amount necessary to leave salvage value of $46,800. 14 15Step by Step Solution
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