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Quality Producers acquired factory equipment on 1 January 2 0 5 , costing $ 2 0 8 , 0 0 0 . Component parts are

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Quality Producers acquired factory equipment on 1 January 205, costing $208,000. Component parts are not significant and need not be recognized and depreciated separately. In view of pending technological developments, it is estimated that the machine will have a resale value upon disposal in four years of $140,000 and that disposal costs will be $12,000. The company has a fiscal year-end that ends on 31 December. Data relating to the equipment follow:
Estimated service life:
\table[[Years,4],[Service-hours,20,000]]
Actual operation data:
\table[[Calendar Year Service Hours,],[205,5,700],[206,5,000],[207,4,800],[208,4,400]]
Required:
Prepare a depreciation schedule for the asset, using;
a. Straight-line depreciation. (Enter your answers as positive values. Round your answers to the nearest dollar.)
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