Question: E4 Backup: Kieso, Intermediate Accounting, 12CE Help | System Announcements PRINTER VERSION BACK NEXT Additional Problem 2 Headland Manufacturing purchased a machine on January 1,

 E4 Backup: Kieso, Intermediate Accounting, 12CE Help | System Announcements PRINTER

VERSION BACK NEXT Additional Problem 2 Headland Manufacturing purchased a machine on

E4 Backup: Kieso, Intermediate Accounting, 12CE Help | System Announcements PRINTER VERSION BACK NEXT Additional Problem 2 Headland Manufacturing purchased a machine on January 1, 2020 for use in its factory. Headland paid $447,000 for the machine and estimated that it had a useful life of 10 years, at the end of which time the machine was expected to have a residual value of $40,000. During its life, the machine was expected to produce 220,000 units. During 2020, the machine produced 24,800 units, and produced 34,200 in 2021. The machine was subject to a 20% CCA rate, and Headland's year-end was December 31. Calculate the annual depreciation amount for 2020 and 2021 under the straight-line method. 2020 2021 Annual depreciation amount LINK TO TEXT LINK TO TEXT Calculate the annual depreciation amount for 2020 and 2021 under the activity method. (Round per unit value to 2 decimal places e.g. 5.75 and final answers to 0 decimal places, e.g. 5,275.) 2020 2021 Annual depreciation amount LINK TO TEXT LINK TO TEXT Calculate the annual depreciation amount for 2020 and 2021 under the double-declining balance method. 2020 2021 Annual depreciation amount $ LINK TO TEXT LINK TO TEXT Calculate the annual depreciation amount for 2020 and 2021 under the capital cost allowance method. 2020 2021 MacBook Air

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