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XYZ purchased the machine for 62,000 estimated residual value 10,000 The following data is available at the end of the first year : Estimated life:

XYZ purchased the machine for 62,000 estimated residual value 10,000

The following data is available at the end of the first year :

Estimated life: Five years

Estimated service: 1,500 service hours

Depreciation five different ways: Straight line, sum of the years digits, service hours, declining balance, productive output

We must give 5 calculations for amortization for the first year, just the one year but we must do five different ways

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