From the following prepare depreciation schedules for the first two
From the following, prepare depreciation schedules for the first two years for
(a) Straight-line,
(b) Units-of-production,
(c) Double declining-balance at twice the straight-line rate methods.
• Machine purchased on January 1, $1,400.
• Residual value, $200.
• Estimated useful life, four years.
• Total estimated output, 600 units.
• Output year 1, 110 units.
• Output year 2, 170 units.

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