Question: Jim Company bought a machine for $ 3 9 , 1 4 0 with an estimated life of 5 years. The residual value of the

Jim Company bought a machine for $39,140 with an estimated life of 5 years. The residual value of the machine is $6,200. This
machine is expected to produce 122,000 units. In year 1, it produced 20,000 units, and in year 2,39,000 units. Assuming the units-of-
production method, calculate the first 2 years' depreciation.
Jim Company bought a machine for $39,140 with an estimated life

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