Question: During Year 1 , the machine produced 46,000 units, and during Year 2 it produced 48,000 units. Required a. Determine the amount of depreciation expense

During Year 1 , the machine produced 46,000 units, and during Year 2 it produced 48,000 units. Required a. Determine the amount of depreciation expense for Year 1 and Year 2 using straight-fine method. b. Determine the amount of depreciation expense for Year 1 and Year 2 using double-declining-balance method, c. Determine the amount of depreciation expense for Year 1 and Year 2 using units of production method. d. Determine the amount of depreciation expense for Year 1 and Year 2 using MACRS, assuming that the machine is classified as seven-year property. (Round your answers to the nearest dollar amount.) MACRS table: Required a. Determine the amount of depreciation expense for Year 1 and Year 2 using straight-line method. b. Determine the amount of depreciation expense for Year 1 and Year 2 using double-declining-balance method. c. Determine the amount of depreciation expense for Year 1 and Year 2 using units of production method. d. Determine the amount of depreciation expense for Year 1 and Year 2 using MACRS, assuming that the machine is classifled as seven-year property. (Round your answers to the nearest dollar amount.) MACRS table
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