Question: [8 pts] 2. Complete the following table given this information. (Do not round intermediate calculations.) Cost of machine Residual value Useful life Estimated units machine
[8 pts] 2. Complete the following table given this information. (Do not round intermediate calculations.) Cost of machine Residual value Useful life Estimated units machine will produce: Actual production: $ 89,000 $ 3,800 5 years 120,000 Year 1 23,000 Year 2 19,500 Depreciation expense Year 1 Year 2 Method Straight line Units of production Declining balance MACRS (5-year class)
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