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View Policies Current Attempt in Progress The details of the January 1, 2020 purchase of property, plant & equipment by Cullumber Industries is as follows:
View Policies Current Attempt in Progress The details of the January 1, 2020 purchase of property, plant & equipment by Cullumber Industries is as follows: Cost Useful Life Machinery Building Computer $1,378,000 $711,000 $145,000 Residual Value $88,000 $81,000 $12,000 1 million units 30 years 5 years Depreciation Method Activity Method Straight line Double-Declining-Balance During 2020 Cullumber produced 158,000 units using its machinery. Calculate the 2020 depreciation for each of the property, plant & equipment items. (Round depreciation per unit to 2 decimal places, eg. 7.25 and final answers to decimal places, eg. 5,125.) 2020 Depreciation Expense Machinery Equipment $ Building Computer Equipment e Textbook and Media Save for Later Attempts: 0 of 2 used Submit
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