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REPORTING PROPERTY, PLANT, and EQUIPMENT PROBLEM: The Blueberry Hills Company purchased equipment on January 1, 2016, for $440,000. The usetul life was estimated at eight

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REPORTING PROPERTY, PLANT, and EQUIPMENT PROBLEM: The Blueberry Hills Company purchased equipment on January 1, 2016, for $440,000. The usetul life was estimated at eight years, with salvage value at the end of that time of $40,000. The machine has an estimated useful life in productive output of 100,000 units. Actual output was 12,000 units in 2016 and 9,000 units 2017. Compute the depreciation expense for each of the years 2016 and 2017: Q16. Units-of-producton method - 2016 A $52,800 B $48,000 c. $36,000 D. $12,000 E. $9,000 QUESTION 17 REPORTING PROPERTY, PLANT, and EQUIPMENT PROBLEM: The Bluebenty HAls Convany purchased equpment on January 1, 2016, for $440,000. The usetul life was estimated at eight years, with salvage value at the end of that time of $40,000. The machne has an estimated useful Me in productivo oulput of 100,000 units. Actual output was 12,000 units in 2016 and 9,000 unts 2017 Compute the depreciation expense for each of the years 2016 and 2017 : Q17. Units-of-production method - 2017 A $48,000 B. 539.600 c. $36,000 D $12,000 E $9,000 REPORTING PROPERTY, PLANT, and EQUIPMENT PROBLEM: The Bluebeiry Hills Company purchased equpment on danuary 1 , 2016 , for SA40,000. The useful life was estimated at eight yoars, with salvage value at the end of that firne of $40,000. The machine has an estimated useful life in productive output of 100,000 units. Actual output was. 12,000 unts in 2016 and 9,000 unts 2017 Compute the depreciation expense for each of the years 2016 and 2017 : Q18. Using the steargh line mothod, the not book value (NEV) at the end of 2017 is A. $390000 B. $400000 C. 5340,000 D. 5350000 E=5300,600

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