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Purity Ice Cream Company bought a new ice cream maker at the beginning of the year at a cost of $24,000. The estimated useful life
Purity Ice Cream Company bought a new ice cream maker at the beginning of the year at a cost of $24,000. The estimated useful life was four years, and the residual value was $2,580. Assume that the estimated productive life of the machine was 10,200 hours. Actual annual usage was 4,080 hours in year 1; 3,060 hours in year 2; 2,040 hours in year 3; and 1,020 hours in year 4. |
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1. | Complete a separate depreciation schedule for each of the alternative methods. (Do not round intermediate calculations.) |
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