Question: Please explain step by step. Sandhill Corp. purchased machinery for $381, 150 on May 1, 2017. It is estimated that it will have a useful

 Please explain step by step. Sandhill Corp. purchased machinery for $381,

Please explain step by step.

Sandhill Corp. purchased machinery for $381, 150 on May 1, 2017. It is estimated that it will have a useful life of 10 years, salvage value of $18, 150, production of 290, 400 units, and working hours of 25,000. During 2018, Sandhill Corp. uses the machinery for 2, 650 hours, and the machinery produces 30, 855 units. From the information given, compute the depreciation charge for 2018 under each of the following methods. (Round intermediate calculations to 2 decimal places, e.g. 5.25 and final answers to 0 decimal places, e.g. 45, 892.) (a) Straight-line (b) Units of output (c) Working hours (d) Sum-of-the-years -digits (e) Declining balance (use 20% as the annual rate)

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