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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $84,200. The machine's useful life

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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $84,200. The machine's useful life is estimated at 20 years, or 391,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,100 units of product Determine the machine's second-year depreciation using the double-declining balance method. Double-douloolane Deneto Choose Factors Choono Factor) Beginning book value * Double the straight line rate $ 391,000 x 20% $ 33,100 20% Annual Depreciation Expense Depreciation expense $ 78.200 $ 6,620 First year's depreciation Second year's depreciation Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $84,200. The machine's useful life is estimated at 20 years, or 391,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,100 units of product. Determine the machine's second-year depreciation using the units-of-production method. Choose Numarntor: Unitat production Depreciation Choose Donominator Annual Depreciation Exponse = Depreciation expense per unit 0 Depreciation Expenso Year Annual Production (unit) 2 In early January 2017 NewTech purchases computer equipment for $257,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $24,000, Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. Straight-Line Depreciation Choose Numerator: Chooso Denominator Annual Depreciation Expense - Depreciation expense 0 Annual Depreciation Year-End Book Value Year 2017 2018 2019 2020 Total

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