Question: Complete the following table given this information: (Do not round intermediate calculations.) Cost of machine$93,400Residual value$3,900Useful life5 yearsEstimated units machine will produce100,000Actual production:Year 1Year 259,00014,000

Complete the following table given this information: (Do not round intermediate calculations.)

Cost of machine$93,400Residual value$3,900Useful life5 yearsEstimated units machine will produce100,000Actual production:Year 1Year 259,00014,000

Use MACRS table.

Depreciation Expense

MethodYear 1Year 2Straight line$$Units of production$$Declining balance$$MACRS (5-year class)$$

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