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Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $740,000. The estimated residual value was $67,500.

Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $740,000. The estimated residual value was $67,500. Assume that the estimated useful life was five years, and the estimated productive life of the machine was 269,000 units. Actual annual production was as follows:

Year Units
1 79,000
2 67,000
3 29,000
4 59,000
5

35,000

Required:
1.

Complete a separate depreciation schedule for each of the alternative methods.

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Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $740,000. The estimated residual value was $67,500. Assume that the estimated useful life was five years, and the estimated productive life of the machine was 269,000 units. Actual annual production was as follows:Year Units 1 79,000 2 67,000 3 29,000 4 59,000 5 35,000 Required: 1. Complete a separate depreciation schedule for each of the alternative methods.a. Straight-line. b. Units-of-production. c. Double-declining-balance

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