Question: need a complete form with steps on side On January 1, 2018, Friendly Farm Company purchased a new machine at a cost of $350,000. The

need a complete form with steps on side

need a complete form with steps on side On January 1, 2018,Friendly Farm Company purchased a new machine at a cost of $350,000.

On January 1, 2018, Friendly Farm Company purchased a new machine at a cost of $350,000. The machine has an estimated useful life of 4 years or 100,000 hours and residual value of $30,000. The machine will be used 30,000 hours in year one, 40,000 hours in year two, 20,000 hours in year 3, and 10,000 hours in year 4. Date Asset Depreciation for the Year Book DDB Value Rate Depreciation Accumulated Book Expense Depreciation Value Cost 1/2/2018 December 31st, 2018 December 31st, 2019 December 31st, 2020 December 31st, 2021

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