TATAMI Amortization Methods Name D Score On JI". 2002the Gand Canyonchased a machine for its producten process. The cash price of the machine Rollespenes included shippicos, 517. Our shipping. 5, installation and seting comis, 590. and 59 of indicant com to heal the machinty during its first year of operations Gointimates that the wall of the machine four years with red value of $5.000. In terms of activity, it was the life of the machine to be 35.000.it Actualis as follows for 2002, 6300, 2003, 7.500 for 2004. 6.000 ut, and for 2005. 5.000 Determine the capital.com of the machine on January 1, 2001, 2. Calculate the amount of mortization expense that Grindhold record during each year of the machines 4 yearslife a) the straight line method year todo yoto de Year Amortishie Amortation Amon Accumad Net hook co Amici ale 2002 2003 2004 2005 the decising but the rate yet Netbook Yen NIY 3000 2001 2004 the waits factivity the Year United Amable Amor costituit Aco Anna Netbook Yabis 2002 2001 2001 2008 BATAM Amortization Methods Name Date: Score 18 Os January 15, 2002, the Grind Company purchased a machine for its production process. The cash price of the machine was 535.000. Related expenditures included shipping costs $175, Insurance during slippe $75: installation and testing costs $50 and 590 of oil and lubricant costs to be used on the machinery during its first year of operations Grind estimates that the weful life of the machine is four years with a residual value of $5.000. In terms of activity, estimates the useful life of the machine to be 25,000 units. Actual usage is as follows for 2002. 6.500 units for 2003, 7.500 units for 2004,6,000 wits for 2005. 5.000 units Determine the capital cost of the machine on January 1, 2002 2. Calculate the amount of amortization expense that Grind should record during vach year of the machines 4 year useful life wsing: a) the straight line method year to date year to da Year Amortizable Amortizati Amortization Accumulated Netbook Amortization 2003 2003 2004 2003 A A A A no To the sofa med A ye A A RO w