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Problem 6 . 2 7 LO 6 - 3 Identify depreciation methods used Grove Co . acquired a production machine on January 1 , 2
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Identify depreciation methods used Grove Co acquired a production machine on January at a cost of $ The machine is expected to have a fouryear useful life, with a salvage value of $ The machine is capable of producing units of product in its lifetime. Actual production was as follows: units in ; units in ; units in ; units in
Following is the comparative balance sheet presentation of the net book value of the production machine at December for each year of the asset's life, using three alternative depreciation methods ac:
Production Machine, Net of Accumulated Depreciation
tableAt December tableDepreciationMethod
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