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Strong Metals inc, purchased a new stamping machine at the beginning of the year at a cost of $720,000. The estmated residual value was $76,800.
Strong Metals inc, purchased a new stamping machine at the beginning of the year at a cost of $720,000. The estmated residual value was $76,800. Assume that the estimated useful ife was five years, and the estimated productive life of the machine was 268,000 units. Actual annual production was as follows: Year Units 66,000 3 30,000 58,000 5 36,000 Required: 1. Complebe a separate depreciation schedule for each of the alternative methods. (Do not round your intermediate calculations a. Straight-lne. Year l acquisibon Year
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