Question: Exercise 7-49 (Algorithmic) Depreciation Methods Ciearcopy, a printing company, acquired a new press an January 1, 2019. The press cost $171,600 and had an expected
Exercise 7-49 (Algorithmic) Depreciation Methods Ciearcopy, a printing company, acquired a new press an January 1, 2019. The press cost $171,600 and had an expected life of 8 years or 4 , 500,000 pages and an expected residual value of $15,000. Clearcopy printed 692,900 pages in 2019 . Do not round intermediate calculations. If required, round your antwers to the nearest whole dollar. Required: 1. Compute 2019 depreciation expense using the: 2. What is the book value of the machine at the end of 2019 under each method
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