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Question 13 of 15 -720 III View Policies Current Attempt in Progress In recent years, Pharoah Corporation has purchased three machines. Because of frequent employee

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Question 13 of 15 -720 III View Policies Current Attempt in Progress In recent years, Pharoah Corporation has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below. Machine Residual Value Useful Life (in years) Cost 1 $100,600 $12,100 5 Acquired Jan. 1.2022 July 1, 2023 Nov. 1, 2023 Depreciation Method Straight-line Diminishing-balance Units-of-production 2 83.750 10.520 5 3 60,956 5,540 6 For the diminishing-balance method, Pharoah Corporation uses double the straight-line rate. For the units-of-production method, total machine hours are expected to be 23,090. Actual hours of use in the first 3 years were: 2023, 380: 2024.4.250; and 2025,5,210. Prepare separate depreciation schedules for each machine. Prepare the schedule for all years, information permitting (Round depreciation per unit to 2 decimal places, eg, 5.20 and answers to the nearest whole dollar, eg. 5,275. Do not leave any answer field blank. Enter for amounts.) Machine 1: Straight-line depreciation Calculation armace Tarte ZOUTU. HLUSTUUDUTUSE MITTED years wert, ZUZO, OV, LULUH ZULO DI Prepare separate depreciation schedules for each machine. Prepare the schedule for all years, information permitting. (Round depreciation per unit to 2 decimal places, e.g. 5.20 and answers to the nearest whole dollar, e.g. 5,275. Do not leave any answer field blank. Enter Ofor amounts.) Machine 1: Straight-line depreciation Calculation Depreciable Cost Depreciation Rate # of months Depreciation Expense Accum Deprec Year 2022 $ % % VA 2023 > % 2024 % 2025 %6 > 2026 % Machine 2: Diminishing-balance depreciation THE DEVELOU TUPULUS TUUS OF USE HIFCHE TOYO Were, ZUZO, OU, LUZ, ".20V, ZULUI. Prepare separate depreciation schedules for each machine. Prepare the schedule for all years, information permitting. (Round depreciation per unit to 2 decimal places, eg. 5.20 and answers to the nearest whole dollar, e.g. 5,275. Do not leave any answer field blank Enter Ofor amounts.) Machine 1: Straight-line depreciation Calculation End of Year Depreciation Rate #of months Depreciation Expense Accumulated Depreciation Carrying Amount % A $ $ $ A % % % % 2025 % > 2026 % 2027 % %

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