Question: P 1 0 . 1 1 B Modified ( LO 1 ) ( Depreciation for Partial Periods SL , Act., SYD , and DDB )
PB Modified LO Depreciation for Partial PeriodsSL Act., SYD and DDB On January a machine was purchased for $ The machine has an estimated salvage value of $ and an estimated useful life of years. The machine can operate for hours before it needs to be replaced. Instructions Part : Assume that the company closes its books on December and operates the machine according to the following schedule: For the Year Ending Dec. Hours Operated Total a Compute the annual depreciation charges over the machines useful life for each of the following methods: Straightline method. Sumoftheyearsdigits method. Doubledecliningbalance method. Activity method. Part : Assume that the company closes its books on March b Compute the annual depreciation charges over the machines useful life for each of the following methods: Straightline method. Sumoftheyearsdigits method. Doubledecliningbalance method.
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