Question: 9 Sub : Time: Date : Oriole Productions Corp. purchased equipment on March 1, 2021, fox $ 79, 000. The company estimated the equipment would

 9 Sub : Time: Date : Oriole Productions Corp. purchased equipment

9 Sub : Time: Date : Oriole Productions Corp. purchased equipment on March 1, 2021, fox $ 79, 000. The company estimated the equipment would have a useful life of three years and produce 10/000 units, with a residual value of $ 7, 000. During 2021, the equipment produced 4,000 anits. On November 30, 20221 the machine was sold for $ 18,000 and had produced 5, 900 units that year. (a) Record all the necessary journal entries for the years ended Dec. 31, 2021 and 2022, using the following depreciation methods. 1 ) straight - line 2 ) Double- diminishing balance B)units of production

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