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Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $22,000. The estimated useful life was live years and

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Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $22,000. The estimated useful life was live years and the residual value was $2,000. Required: 1. Completo a depreciation schedule for the straight-line method 2. Prepare the journal entry to record Year 2 depreciation Print Complete this question by entering your answers in the tabs below. rences Required: tequired a Prepare the journal entry to record Year 2 depreciation, (1 no entry virequired for a transaction/event, select "No Journal Entry Required in the first account fold) View transaction lit Journal entry worksheet > Record the adjusting entry for depreciation expense for Year 2 Journal entry worksheet > Record the adjusting entry for depreciation expense for Year 2. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Dron MEN Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $22,000. Assume the estimated productive life was five years and the residual value was $2,000. The estimated productive life of the machine is 10,000 units. Expected annual production was year 1, 2,000 units, year 2, 3,000 units; year 3, 2,000 units; year 4.2,000 units; and year 5, 1,000 units. Required: 1. Complete a depreciation schedule for the units-of-production method 2. Prepare the journal entry to record Year 2 depreciation Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record Year 2 depreciation. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field) View transaction list Journal entry worksheet A Record the adjusting entry for depreciation expense for Year 2 Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $22,000. The estimated useful life was five years and the residual value was $2,000. Required: 1. Complete a depreciation schedule for the double-declining balance method 2. Prepare the journal entry to record Year 2 depreciation Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record Year 2 depreciation (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A Record the adjusting entry for depreciation expense for Year 2

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