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Purchase price Delivery cost Installation charge Estimated life Estimated units Salvage estimate $ 75,000 $ 3,000 $ 2,000 5 years 154,000 $ 3,000 During Year
Purchase price Delivery cost Installation charge Estimated life Estimated units Salvage estimate $ 75,000 $ 3,000 $ 2,000 5 years 154,000 $ 3,000 During Year 1, the machine produced 50,000 units and during Year 2, it produced 52,000 units. Required Determine the amount of depreciation expense for Year 1 and Year 2 using each of the following methods: Answer is not complete. Year 1 $ 15,400 Year 2 $ 15,400 a. b. Straight-line Double-declining- balance Units of production c
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