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Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $840,000. The estimated residual value was $67,800.

Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $840,000. The estimated residual value was $67,800. Assume that the estimated useful life was five years, and the estimated productive life of the machine was 286,000 units. Actual annual production was as follows:

YearUnits179,000267,000334,000462,000544,000

Required:1.Complete separate depreciation schedule for each of the alternative methods.

a.Straight-line.

b.Units-of-production.

c.Double-declining-balance.

rev: 11_14_2013_QC_40447

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