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Schrade Company bought a machine for S96.000 cash. The estimated useful life was four years, and the estimated residual value was $6,000. Assume that the

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Schrade Company bought a machine for S96.000 cash. The estimated useful life was four years, and the estimated residual value was $6,000. Assume that the estimated useful life in productive units is 120.000. Units actually produced were 43.000 in year 1 and 45.000 in year 2. Determine the appropriate amounts to complete the following schedule. (Do not round your intermediate calculations.) Which method would result in the highest amount of cash outflows in year 1? Which method would result in the lowest EPS for year 1? Which method would result in the lowest EPS for year 2? Indicate the effects of (a) acquiring the machine and (b) recording annual depreciation on the operating and investing activities sections of the statement of cash flows (indirect method) for year 1 (assume the straight-line method)

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