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Trophies R Us makes sports trophies. It bought a new molding machine and is considering the various ways to depreciate it. The machine cost $30,000,

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Trophies R Us makes sports trophies. It bought a new molding machine and is considering the various ways to depreciate it. The machine cost $30,000, has a $2,000 estimated residual value, and has an estimated useful life of 8 years or can mold 200,000 trophies. The owner, Betsy, wants to choose the best depreciation method to expense this machine. Answer the questions below to help Betsy make his decision. A. Calculate depreciation expense for year 4 [not years 1, 2, 3, and 4; just year 4 only using the straight-line method. (4 points) B. Calculate depreciation expense for year 1 [onlyusing the double-declining-balance method. (4 points) C. Calculate depreciation expense for year 2 (not years 1 and 2: just year 2 only) using the double-declining-balance method. (4 points) D. Calculate depreciation expense for year 5 (not years 1, 2, 3, 4, and 5: just year 5 only) using the units-of-production method. During year 5. Trophies R Us molded 30,000 trophies. (6 points) E. Which method do you recommend for Trophies R Us, why? (2 points)

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