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School Corporation purchased a machine on January 1, 2019, at a total cost of $1,800,000. The machine has an estimated useful life of 10 years
School Corporation purchased a machine on January 1, 2019, at a total cost of $1,800,000. The machine has an estimated useful life of 10 years or 1,000,000 units of output and a salvage value of $300,000. Instructions: Complete the following table by presenting the annual depreciation expense for the years 2019 and 2020, under the indicated depreciation methods. Actual activity in terms of units of output was: 2019-60,000 units and 2020 -110,000 units. Enter numbers without any format (e.g., 62500; 1800). 2019 2020 Straight-line Double-declining-balance Units-of-activity
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