Question: Needing help in this. A B C D E F G 1 Q1 On January 1, 2020, Locke Company, a 2 small machine-tool manufacturer, acquired

Needing help in this. Needing help in this. A B C D E F G 1

A B C D E F G 1 Q1 On January 1, 2020, Locke Company, a 2 small machine-tool manufacturer, acquired for $1,450,000 a piece of new industrial 3 equipment. The new equipment had a useful life of 10 years, and the salvage value 4 was estimated to be $50,000 . Locke estimates that the new equipment can produce 5 Use the following depreciation methods to calculate the depreciation expense for 2020, 2021, and 2022 (1) Straight-line, (2) Double-declining balance, (3) Sum-of-years'-digits

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