Question: Exercise 7-49 (Algorithmic) Depreciation Methods Clearcopy a printing company, acquired a new press on January 1, 2019. The press cost $171,600 and had an expected

Exercise 7-49 (Algorithmic) Depreciation Methods Clearcopy a printing company, acquired a

Exercise 7-49 (Algorithmic) Depreciation Methods Clearcopy a printing company, acquired a new press on 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 661,100 pages in 2019. Do not round intermediate calculations. If required, round your answers to the nearest whole dollar Required: 1. Compute 2019 depreciation expense using the 2019 a. C Straight-line method 19,575 b. Double-declining balance method Units-of-production method 2. What is the book value of the machine at the end of 2019 under each method? Book Value Straight-line method 152,025 Double-declining-balance method Units-of-production method b Previous Next > Next

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