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Sabel Co. purchased assembly equipment for $836,000 on January 1, Year 1. Sabel's financial condition immediately prior to the purchase is shown in Required B.
Sabel Co. purchased assembly equipment for $836,000 on January 1, Year 1. Sabel's financial condition immediately prior to the purchase is shown in Required B. The equipment is expected to have a useful life of 380,000 machine hours and a salvage value of $38,000. Actual machine-hour use was as follows: Year 1 Year 2 Year 3 Year 4 Year 5 104,000 99,000 90,000 64,000 28,000 Required a. Compute the depreciation for the first three years, assuming the use of units-of-production depreciation. Complete this question by entering your answers in the tabs below. Required A Compute the depreciation for each of the five years, assuming the use of units-of-production depreciation. Depreciation Years Year 1 Year 2 Year 3
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