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Torge Company bought a machine for $69,200 cash. The estimated useful life was five years, and the estimated residual value was $6,400. Assume that the

Torge Company bought a machine for $69,200 cash. The estimated useful life was five years, and the estimated residual value was $6,400. Assume that the estimated useful life in productive units is 157,000. Units actually produced were 41,400 in year 1 and 47,100 in year 2.

1.Determine the appropriate amounts to complete the following schedule.

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Depreciation Expense for Book Value at the End of Method of Depreciation Year 1 Year 2 Year 1 Year 2 Straight - line* Units - of - production Double- declining -balance

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