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Torge Company bought a machine for $70,100 cash. The estimated useful life was five years, and the estimated residual value was $6,700. Assume that the
Torge Company bought a machine for $70,100 cash. The estimated useful life was five years, and the estimated residual value was $6,700. Assume that the estimated useful life in productive units is 158,500 . Units actually produced were 41,700 in year 1 and 47,550 in year 2. Required: 1. Determine the appropriate amounts to complete the following schedule
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