Question: 2 1.66 points Return to question Yazzie Incorporated bought a machine at the beginning of the year at a cost of $42,000. The estimated

2 1.66 points Return to question Yazzie Incorporated bought a machine atthe beginning of the year at a cost of $42,000. The estimateduseful life was five years and the residual value was $2,000. Assumethe estimated productive life of the machine is 20,000 units. Expected annualproduction was year 1, 4,000 units; year 2, 5,000 units; year 3,4,000 units; year 4, 4,000 units; and year 5, 3,000 units. Required:

2 1.66 points Return to question Yazzie Incorporated bought a machine at the beginning of the year at a cost of $42,000. The estimated useful life was five years and the residual value was $2,000. Assume the estimated productive life of the machine is 20,000 units. Expected annual production was year 1, 4,000 units; year 2, 5,000 units; year 3, 4,000 units; year 4, 4,000 units; and year 5, 3,000 units. Required: 1. Complete a depreciation schedule for the units-of-production method. 2. Prepare the journal entry to record Year 2 depreciation. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record Year 2 depreciation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) No A Transaction Depreciation Expense General Journal Accumulated Depreciation-Equipment 00 Debit Credit

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