Question: Question: Complete a depreciation schedule for the method Plastic Works Corporation bought a machine at the beginning of the year at a cost of $26,350.

Question: Complete a depreciation schedule for the method  Question: Complete a depreciation schedule for the method Plastic Works Corporation
bought a machine at the beginning of the year at a cost

Plastic Works Corporation bought a machine at the beginning of the year at a cost of $26,350. The estimated useful life was five years, and the residual value was $4,050. Assume that the estimated productive life of the machine is 22,300 units. Expected annual production was: year 1, 7100 urts; year 2, 7100 units; year 3, 4,050 units, year 4. 2.230 units, and year 5, 1,820 units. b. Units-of-production Income Statement Depreciation Expense Balance Sheet Accumulated Depreciation Year Cost Book Value At acquisition 1 2 3 4 5 5 MC

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