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Question 5 1 pts Aspen Ltd owns a machine that it purchased on Jan 1, 2019 for $1,200,000. The machine had an estimated useful life

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Question 5 1 pts Aspen Ltd owns a machine that it purchased on Jan 1, 2019 for $1,200,000. The machine had an estimated useful life of 5 years and an estimated residual value of $200,000. The company uses the straight line method for depreciation. The machine was sold on December 31, 2021 for $280,000. What was the accumulated depreciation at December 31, 2021? HINT - Enter as an absolute value. Question 6 1 pts Aspen Ltd owns a machine that it purchased on Jan 1, 2019 for $1,200,000. The machine had an estimated useful life of 5 years and an estimated residual value of $200,000. The company uses the double declining balance method. The machine was sold on December 31, 2021 for $280,000. What was the accumulated depreciation at December 31, 2021? HINT - Enter as an absolute value. Question 7 1 pts Pine Ltd purchased a machine on Jan 1, 2019 for $800,000. The machine had an estimated useful life of 10 years with a production capacity for 160,000 units and was expected to have no residual value. The company uses the units-of-production method to record depreciation. The machine produced 30,000 units in 2019, 36,000 units in 2020 and 50,000 units in 2021. The machine was sold on December 30, 2021 for $700,000. What was the accumulated depreciation at December 31, 2019 (related to this asset)

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