Question: . Duluth Ranch, Incorporated, purchased a machine on January 1 , 2 0 2 1 . The cost of the machine was $ 3 4
Duluth Ranch, Incorporated, purchased a machine on January The cost of the machine was $ Its estimated residual value was $ at the end of an estimated year life. The company expects to produce a total of units. The company produced units in and units in
Required:
a Calculate depreciation expense for and using the straightline method.
b Calculate the depreciation expense for and using the unitsofproduction method.
c Calculate depreciation expense for through using the doubledeclining balance method.
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