Question: can you please help with middle question double declining balance and if possible explain how you got the answer. Thank you so much. CergageNOW Assignent|

 can you please help with middle question double declining balance and

can you please help with middle question double declining balance and if possible explain how you got the answer. Thank you so much.

CergageNOW Assignent| Print eciation Methods higam Steel purchases a machine on January 1 for $30,000. The machine has an estimated useful life of seven years, during which time it is expected to produce 114,800 units. Salvage value is estimated at $1,300. The machine produces 15,500 and 16,200 units in its first and Required: Calculate depreci second years of operation, respectively ation expense for the machine using the straight-line method of depreciation. depreciation expense for the machine's first two years using the double-declining-balance Calculate method of depreciation. Do not round any intermediate amounts used for calculations. Round final answers to the nearest dollar Depreciation Expense Year 1 Year 2 tion expense for the machine's first two years using the units-of-activity method of Calculate depreciation expense for the machine's first two years using depreciation Depreciation Expense 10%bosM

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