Problem $2$

A company purchased a weaving machine for $$190,000$ on March $1,2025.$ The machine has a useful life of $8$ years and a salvage value of $$10,000.$ It is estimated that the machine could produce $75,000$ bolts of woven fabric over its useful life. In the first year $(2025),15,000$ bolts were produced. In the second year $(2026),$ production increased to $19,000$ units.

PART A: Using the units$-$of$-$production method, calculate:

$(1)$ the amount of depreciation exnense that should be recorded for the second year

$(2)$ the amount of accumulated depreciation at the end of the second year

$190,000-10,000115,00019,000$

$=228,000-4$

PART B: Using the straight$-$line depreciation method, calculate the amount of depreciation expense that should be recorded for the first year, which is a partial year from March $1$ to December $31.$

$190,000-10,\frac{000}{8}$

$=22,{500}^{1+6}$

$\backslash$table$[[$Appendix:$,$Gross profit $=$ net sales $-$ cost of goods sold$],[($Formulas$),$Operating expenses $=$ gross profit $-$ net income$],[,$Gross margin ratio $=$ gross profit $\frac{?}{?}$ net sales$],[,$Inventory turnover $=$ cost of goods sold $\frac{?}{?}$ average inventory$],[,$Days' sales in inventory $=$ ending inventory $\frac{?}{?}$ cost of goods sold $*365],[,$Interest $=P_{}rt$