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Scenario G Depreciation -- A machine was purchased on April 10, 2018, for $89,000; estimated scrap $5,000; useful life 8 years: estimated output 200,000 hours.
Scenario G Depreciation -- A machine was purchased on April 10, 2018, for $89,000; estimated scrap $5,000; useful life 8 years: estimated output 200,000 hours. The fiscal year runs Jan 01 to Dec 31. In fiscal 2018 it ran for 25,000 hours and in fiscal 2019 it ran for 19,900 hours. Round dates to the nearest month using the 15th as the middle of the month, round percentages to 2 decimal places, round money to the nearest dollar Question 22 (1 point) Scenario G, using the Double Diminishing Balance Method, what is the depreciation expense for Dec 31, 2018? a) $18,078.00 b) $16,688.00 c) $21,000.00 Od) $11,125.00 e) $22,250.00 Question 23 (1 point) For Scenario G, using the Double Diminishing Balance Method, what is the depreciation expense for Dec 31, 2019? a) $21,000.00 Ob) $22,250.00 c) $16,688.00 d) $18,078.00 Oe) $11,125.00 Question 24 (1 point) For Scenario G, using the straight-line method, what is the depreciation expense for Dec 31, 2018? a) $8,344.00 Ob) $11,125.00 O c) $7,875.00 d) $10,500.00 Oe) $5,000.00
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