Question: On September 30, 2021. Bricker Enterprises purchased a machine for $209,000. The estimated service life is 10 years with a $24,000 residual value Bricker records

On September 30, 2021. Bricker Enterprises purchased a machine for $209,000. The estimated service life is 10 years with a $24,000 residual value Bricker records partial year depreciation based on the number of months in service, Depreciation for 2022 using the double declining balance method, would be Mundo Choice 541800 0 $3970 537200 $34.910 Pew Inventory records for Herb's Chemicals revealed the following March 1, 2021. Inventory: 1900 gallons a $9.0 per gallon = $17100 Purchases: Mar. 1e Mar. 16 Mar. 23 78e gals @ $9.95 989 gals @ $9.10 780 gals @ $9.15 Sales: Mar. 5 Mar. 14 Mar. 20 Mar. 26 580 gals 889 gals 680 gals 880 gals Ending Inventory assuming LIFO in a perpetual inventory system would be: Multiple Choice $12.90 502800

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