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Please help me understand how to figure out this problem. *Exercise 11-5 Monty Corporation purchased a new machine for its assembly process on August 1,

Please help me understand how to figure out this problem.

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*Exercise 11-5 Monty Corporation purchased a new machine for its assembly process on August 1, 2017. The cost of this machine was $153,270. The company estimated that the machine would have a salvage value of $16,770 at the end of its service life. Its life is estimated at 5 years, and its working hours are estimated at 21,400 hours. Year-end is December 31. Compute the depreciation expense under the following methods. Each of the following should be considered unrelated. (Round depreciation rate per hour to 2 decimal places, my. 5.35 for computational purposes. Round your answers to 0 decimal places, 9.9. 45,892.) (a) Straight-line depreciation for 2017 $3 (b) Activity method for 2017, assuming that machine usage was 800 hours $3 (1:) Sum-of-the-years'-digits for 2018 '- $3: (d) Double-declining-balance for 2018 $3

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