Question: Can you please answer a,b.c with the method how to find answer in excel Question 1 The following information relates to a machine purchased on

Can you please answer a,b.c with the method how to find answer in excel

Question 1 The following information relates to a machine purchased on 31 August 2021 by Snoopy Manufacturing Co. to produce dog bowls. Asset cost 31/08/21 $19,680 Estimated useful life of machine 6 years or 250,000 units Estimated scrap value of machine nil Production to 30 June 2022 28,000 units Production for year ending 30 June 2023 44,000 units Production for year ended 30 June 2024 45,000 units Prepare a depreciation worksheet to 30 June 2024 for the machine using each of these methods: (a) Straight line depreciation method. (b) Units of production method. (c) Diminishing balance method at a rate of 27.5% per annum. a)

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