Question: pls qith step?formual and the answer format same as the picture On April 30, 2009, Tilton Products purchased machinery for $44,000. The useful life of

pls qith step?formual and the answer format same as the picture  pls qith step?formual and the answer format same as the picture

On April 30, 2009, Tilton Products purchased machinery for $44,000. The useful life of this machinery is estimated at 8 years, with an $4,000 residual value 4.00 Refer to the information above. Assume that in its financial statements, Tilton Products uses straight-line depreciation and the half-year convention. Depreciation expense recognized on this machinery in 2009 and 2010 will be $3750 in 2009 and $5,500 in 2010. $3,000 in 2009 and $6,000 in 2010o O $2.500 in 2009 and $5,000 in 2010. O $5,500 in 2009 and $2750 in 2010. value 4.00 Refer to the information above. Assume that in its financial statements. Tilton Products uses the 200%-declining-balance method and the half-year convention. Depreciation expense in 2009 and 2010 will be $5,500 in 2009 and $9,625 in 2010 O $11000 in 2009 and $9,625 in 2010 $11,000 in 2009 and $8,250 in 2010. O $5,500 in 2009 and $11,000 in 2010

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