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Question 9 A machine costing $15,000 was purchased. Delivery and installation cost $2.000 and the residual value is $1,000. If the estimated life is 4

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Question 9 A machine costing $15,000 was purchased. Delivery and installation cost $2.000 and the residual value is $1,000. If the estimated life is 4 years and the business uses double-declining-balance depreciation, what is the first year's annual depreciation? $3,750 $4,250 O c $4,000 O d $8,500 Question 10 Sportsworld purchased a machine for $190,000. The machine has a useful life of 8 years and a residual value of $10,000. Sportsworld estimates that the machine could produce 750,000 units of product over its useful life. In the first year, 95.000 units were produced. In the second year. production increased to 111,000 units. Using the units-of-production method, what is the amount of depreciation that should be recorded for the second year? $18,000 a b $22,800 $36,000 O d $26,640

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