exercise 1

Exercise One Stojko Company purchased a new machine osmary 1, 2021 at a cost of $80,000. The company estimated that the machine will have a residual value of $12.000. The machine is expected to be used for 10,000 working hours during its sixyear life by Which metod results in the highest income for the first two yerest Calculate the amortization expense under the following methods for each of the years ended, December 2021 and 2022 1) straighane method c) Which method results in the highest cash flow for the first two years 2-of-vily wing mage w1.700 hours for 2021 and 1.500 hours for 2022 3 decling-balance cooled in for 21 and 2023