Question: Complete the following table given this information: (Do not round intermediate calculations.) Cost of machine $ 102,400 Residual value $ 5,400 Useful life 5 years

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

Cost of machine $ 102,400
Residual value $ 5,400
Useful life 5 years

Estimated units machine will produce 100,000
Actual production: Year 1 Year 2
74,000 22,500

Use MACRS table.

Depreciation Expense
Method Year 1 Year 2
Straight line
Units of production
Declining balance
MACRS (5-year class)

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