Question
The following information pertains to a machine purchased by Bakersfield Company on January 1, Year 1: Purchase price $ 76,000 Delivery cost. $ 3,800
The following information pertains to a machine purchased by Bakersfield Company on January 1, Year 1: Purchase price $ 76,000 Delivery cost. $ 3,800 Installation charge Estimated useful life $ 4,2001 5 years Estimated units the machine will produce 160,000 $ 4,000 Estimated salvage value The machine produced 15,700 units during Year 1 and 18,300 units during Year 2. Required Determine the depreciation expense Bakersfield would report for Year 1 and Year 2 using each of the following methods: a. Straight-line. b. Double-declining-balance. c. Units-of-production. Complete this question by entering your answers in the tabs below. Required A Required B Required C Determine the depreciation expense Bakersfield would report for Year 1 and Year 2 using the straight-line method. Straight-line Depreciation Year 1 Year 2 Required A Required B >
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