Question: 1 . On June 2 0 2 3 DXL decided to purchase on an printing equipment for S 5 M with a residual value of

1. On June 2023 DXL decided to purchase on an printing equipment for S5M with a residual value of $500K and expected to be use for 6 years with an expected $7M pages useful life. At year 1 the machine was able to print 500K pages, year 2 was 700K pages, and year 4450K pages.Determine the Depreciation expense on year 1 up to year 6 using and journal entry theevent.A. Straight line methodB. Units of productionC. Double declining balance.

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