Swanson & Hiller, Inc., purchased a new machine on September 1 of the current year at a cost of $109,000. The machines estimated useful life at the time of the purchase was five years, and its residual value was $9,000. The company reports on a calendar year basis.

Problem 9.2A (Algo) Comparison of Straight-Line and Accelerated Methods (L09-3, L09-5) 666 Swanson & Hile Inc. Durchased a new machine on September of the current year at a cost of $109000. The machines estimated use at the time of the purchase was five years, and its residual value was $9,000. The company reports on a calendar year basit Required 6-1. Prepare a complete depreciation schedule beging with the current year, using the straight line method(Asure that the hall Year overton is used --2. Prepare a complete depreciation schedule beginning with the current years the 200 percent declining balance method Assume that the year convention is used --3. Prepare a complete depreciation schedule, began with the current year using the 150 percent deciring balance witching to htline when that wires the expense (Asume that the half year conventioned b. Which of the themed computed in parts most common for financial reporting purposes Asume that won the sells the machine on December of the fourth year for $20.000 cash Compute the result ganor sous from this sale under each of the depreciation methods used in parte RAI pare completa de cent year 2011 decemathed that there is that the top e dytais the 5 1 1 . Dhe 1 Problem 92A (Algol Comparison of Straight-Line and Accelerated Methods (LO9-3, LO9-5) cost of 8000 The code wcy -2 cowok po content the ha con We pro on Dehy o 200 cm