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Trabajo para acreditar 15 horas de la prctica 1. The company A paid $780,000 cash to buy the plant assets of the Company B that

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Trabajo para acreditar 15 horas de la prctica 1. The company "A" paid $780,000 cash to buy the plant assets of the Company "B" that went out of business. An independent appraiser assigned the following values to the assets acquired: Land $522,000 Building 243,000 Equipment 135,000 Total $900.000 Prepare Company A journal entry to record the acquisition of these assets and the journal entry of Company B when they want out of the business. IL A company purchased a special purpose machine on September 15 of the past year, and it was installed and ready to run on January 1 of this year. The following costs were incurred in the purchase and installation of the machine. Determine the total cost of the machine. (show your answer) Invoice price plus sales tax $1,270,500 Freight costs 9,000 Setup costs 51,000 Costs to adjust machine to appropriate specifications 36,000 Electrical connections 32,000 Maintenance supplies for future use 108,000 Traffic fine incurred during transport of machine Cost of special foundation for machine 18,500 300 II. A company purchased a machine on January 1 of the current year for $750,000. Calculate the annual depreciation expense for each year of the machine's life (estimated at 5 years or 20,000 hours, with a salvage value of $75,000) using each of the below-mentioned methods. During the machine's 5-year life its hourly usage was: 3,000; 4,000: 5,000: 5,000, and 3,000 hours. (show your answer just for the annual years one of the annual depreciation.) Straight-ling Units-of-production Double-declining balance Year 11 Year 2 Year 31 Year 4 Year 1 Totals

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