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Schrade Company bought a machine for $115,000 cash. The estimated useful life was four years, and the estimated residual value was $6,640. Assume that the

Schrade Company bought a machine for $115,000 cash. The estimated useful life was four years, and the estimated residual value was $6,640. Assume that the estimated useful life in productive units is 129,000. Units actually produced were 52,000 in year 1 and 54,000 in year 2.

depreciation expense for year 1 depreciation expense for year 2 net book value at the end of year 1 net book value at the end of year 2
method of depreciation x x x x
doube declining balance 57500 ????? 57500 ??????

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