Question
Question 19 (6 points) On January 12, 2020, Car-Tech Manufacturing purchased a machine costing $1,200,000 with a four-year useful life and an estimated $180,000
Question 19 (6 points) On January 12, 2020, Car-Tech Manufacturing purchased a machine costing $1,200,000 with a four-year useful life and an estimated $180,000 residual value. It was also estimated that the machine would produce 200,000 units during its useful life. Car-Tech Manufacturing has a December 31 year end. Actual number of units produced each year is as follows: 2020-50,000 units 2021 54,000 units REQUIRED: 2022 52,000 units 2023 55,000 units Determine depreciation expense for each of the next 4 years (2020 to 2023) and the Carrying Value at December 31, 2023 using the units of production method. v Paragraph BI U EE 20 00 ...
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