Question: Can you please help me with this question E11.5(LO1, 2)(Depreciation ComputationsFour Methods)Maserati SpA purchased a new machine for its assembly process on August 1, 2019.

Can you please help me with this question

E11.5(LO1, 2)(Depreciation ComputationsFour Methods)Maserati SpA purchased a new machine for its assembly process on August 1, 2019. The cost of this machine was 150,000. The company estimated that the machine would have a residual value of 24,000 at the end of its service life. Its life is estimated at 5 years, and its working hours are estimated at 21,000 hours. Year-end is December 31.

Instructions

Please compute the depreciation expense under the following methods. Each of the following should be considered unrelated.

a.Straight-line depreciation for 2019.

b.Activity method for 2020, assuming that machine usage was 800 hours.c.Sum-of-the-years'-digits for 2020.

d.Double-declining-balance for 2020.

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