Question: find straight line method find double diminishing balance method find units of production method Current Attempt in Progress Sandhill Limited purchased a machine on account
Current Attempt in Progress Sandhill Limited purchased a machine on account on April 1, 2021, at an invoice price of $332.220. On April 2. it paid $2,170 for delivery of the machine. A one-year, $3.960 insurance policy on the machine was purchased on Aprils. On April 19. Sandhill paid $7,840 for installation and testing of the machine. The machine was ready for use on April 30, Sandhill estimates the machine's userlar life will be five years or 6,153 units with a residual value of $77,180. Assume the machine produces the following numbers of units each year: 953 units in 2021: 1483 units in 2022: 1.279 units in 2023; 1,390 units in 2024 and 1,048 units in 2025. Sandhill has a December 31 year end
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