Question: Exercise 11-04 Your answer is partially correct. Try again Tamarisk Corp purchased machinery for $347,400 on May 1, 2020. It is estimated that it will
Exercise 11-04 Your answer is partially correct. Try again Tamarisk Corp purchased machinery for $347,400 on May 1, 2020. It is estimated that it will have a useful life of 10 years, salvage value of 517,400, production of 264,000 unts, and working hours of 25,000. During 2021, Tamarisk Corp. uses the machinery for 2,650 hours, and the machinery produces 29,580 units From the information given, compute the depreciation charge for 2021 under each of the following methods. (Round intermediate calculations to 2 decimal places, e.. 5.25 and final answers to decimal places, e.g. 45,892.) (a) Straight-line 33000 (b) Units-of-output 36975 (c) Working hours 34980 (a) Sum-of-the-years-digits 54000 (c) Declining-balance (use 20% as the annual rate) 60149 Click if you would like to show Work for this questions Open Show work
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