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Robert Alexander Corporation purchased a new machine for its assembly process on August 1, 20X1. The cost of this machine was $125,900. The company estimated

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Robert Alexander Corporation purchased a new machine for its assembly process on August 1, 20X1. The cost of this machine was $125,900. The company estimated the machine would have a residual value of $15,900 at the end of its service life. Its life is estimated at 5 years and its working hours are estimated at 21,000 hours. Compute the depreciation expense for the following methods. a.) Straight-line depreciation for 20X1. b.) Activity method for 20x1, assuming that machine usage was 800 hours. c.) Sum-of-the-years-digits for 20X1, 20X2 and 20x3. d.) Double-declining balance for 20X1, 20X2 and 20x3

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