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unset Unlimited bought a machine for $ 7 4 , 0 0 0 cash. The estimated useful life was five years and the estimated residual

unset Unlimited bought a machine for $74,000 cash. The estimated useful life was five years and the estimated residual value was $8,000. Assume that the estimated useful life in productive units is 207,000. Units actually produced were 55,200 in year 1 and 62,100 in year 2.
Required:
1. Determine the appropriate amounts to complete the following schedule.
2-a. Which method would result in the lowest net income for year 1?
2-b. Which method would result in the lowest net income for year 2?
3. Which method would result in the lowest fixed asset turnover ratio for year 1?

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