Question: Help Save Problem 8-2A Depreciation methods LO P1 A machine costing $214,800 with a four-year life and an estimated $18,000 salvage value is installed in
Help Save Problem 8-2A Depreciation methods LO P1 A machine costing $214,800 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's factory on January 1. The f following units 121,700 in 1st year, 123,200 in 2nd year, 120,000 in 3rd year, 137100 in 4th year The total number of units produced by factory manager estimates the machine will produce 492,000 units of product during its life. It actually produces the estded ae vdtheistmate thisncews not predctehchinmust not be depreciated below ts salvage value) Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation methoc Round your per unit depreciation to 2 decimal pleces. Round your answers to the nearest whole dollar.) Complete this question by entering your answers in the tabs below Units of Straight Line production Doe Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Straight-ine depreciation. h Line Depereiation e1 1
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