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value: 2.00 points At the beginning of the year, Palermo Brothers, Inc., purchased a new plastic water bottle making machine at a cost of S52,000.
value: 2.00 points At the beginning of the year, Palermo Brothers, Inc., purchased a new plastic water bottle making machine at a cost of S52,000. The estimated residual value was $5,000. Assume that the estimated useful life was four years, and the estimated productive life of the machine was 470,000 units. Actual annual production was as follows: Year Units 1 141,000 2 103,400 3 129,250 4 96,350 Required 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line Depreciation Accumulated Net ear xpense DepreciationBook Value At acquisition
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