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Purity lce Cream Company bought a new ice cream maker at the beginning of the year at a cost of $10,000. The estimated useful life

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Purity lce Cream Company bought a new ice cream maker at the beginning of the year at a cost of $10,000. The estimated useful life was four years, and the residual value was $800. Assume that the estimated productive life of the machine was 11,500 hours. Actual annual usage was 4.000 hours in year 1,3.700 hours in year 2.2700 hours in year 3. and 1100 hours in year 4. 1:b. Complete a separate depreciation schedule by using Units-of-production method. (Round your answers to the nearest dollor amount. Nake sure that the carrying amount at the end of year 4 is equal to the residual volue. Depreclation expense for the lo perlod thould be colculated as Carrying value of 3rd year minus residuof value.)

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