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Show Me How Depreciation Methods Grman Company purchased a machine for $199.000 on January 2, 2019. It made the following estimates: Service 5 years or

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Show Me How Depreciation Methods Grman Company purchased a machine for $199.000 on January 2, 2019. It made the following estimates: Service 5 years or 10.000 hours Production 150,000 units dual value $ 18,000 In 2019, Gruman uses the machine for 2.000 hours and produces 40,000 units in 2020, Gruman as the machine for 1,200 hours and produces 34,000 units. It required, round your final answers to the nearest dollar Required: 1. Compite the depreciation for 2019 and 2020 unter each of the following methods Straight-line method 20195 20205 b. Sum of the years digits method 2019 5 2020 Doubledeclining-balance method 2015 5 20205 d. Activity method based on hours worked 2019 $ 2020 Activity method based on units of output 20195 2020 eBook Show Me How 2. For each method, what is the book value of the machine at the end of 2019? At the end of 2020? Straight-line method 2019 5 20205 1. Sum-of-the-years-digits method 2019 $ 2020 5 c. Double-declining balance method 2019 5 2020 5 d. Activity method based on hours worked 2019 $ 2020 $ Activity method based on units of output 2019 5 20205 1. Gruman uued a service life of 8 years or 15,000 hours and a residual value of $9,000, what would be the effect on the following under the straight-line sum of the-years-digits, and double declining balance depreciation methods? Depreciation expense Straight line method 2019 5 2020 . Sum-of-the-years-digits method 2019 5 2020 $ Check My Work ebook Show Me How 2020 $ 3. If Gruman used a service life of years or 15,000 hours and a residual value of $9.000, what would be the effect on the following under the straight-line, sum-of- the-years-digits, and double-declining balance depreciation methods? Depreciation expense a. Straight-line method 2019 5 2020 $ b. Sum-of-the-years-digits method 2019 5 2020 $ Double-dedining balance method 2019 $ 20205 Book value Straight line method 2019 2020 Sum of the years digits method 2010 $ 2020 Double-dedining-balance method 2019 20205 Check My Work Previous Not >

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