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Schrade Company bought a machine for $113,000 cash. The estimated useful life was four years, and the estimated residual value was $8,860. Assume that the

Schrade Company bought a machine for $113,000 cash. The estimated useful life was four years, and the estimated residual value was $8,860. Assume that the estimated useful life in productive units is 127,000. Units actually produced were 50,000 in year 1 and 52,000 in year 2.

1.

value: 10.00 points

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Required:
1.

Determine the appropriate amounts to complete the following schedule. (Round your answers to the nearest dollar amount. Do not round intermediate calculations.)

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a following information applies to the questions displayed below) threade Company bought a machine for $113,000 cash. The estimated useful life was four y stimated residual value was $8,860. Assume that the estimated useful life in productive unit Inits actually produced were 50,000 in year 1 and 52,000 in year 2. Value 1000 points Required: 1. Determine the appropriate amounts to complete the following schedule. (Round your answers nearest dollar amount. Do not round calculations.) intermediate Depreciation Expense for Net Book value at the End of Method of Depreciation Year Year 2 Year 1 Year 2 Straight-line WWWWWWWILLWARD Units-ofproduction AMALLAHAN Double-declining-balance NAFTAHME D References eBook & Resources Exercise Learning objective OB-OS Apply Vario methods as assets are and used C , catsCricketDayjpg dda2821257

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