Question: Question Completion Status 141 53 Moving to another question will save this response. Question 52 of 53 Question 52 10 points Sue Ant On January
Question Completion Status 141 53 Moving to another question will save this response. Question 52 of 53 Question 52 10 points Sue Ant On January 1, 2020, The Fio Corporation purchased a machine for $800,000. The corporation estimated a 5-year useful life (or 60,000 units of useful life) and $40,000 residual/salvage value. 45000 units were produced in 2020. 6 points: Complete the following table using the indicated depreciation method and year for each row of the table. Depreciation Method Accumulated expense Book value depreciation Straight-line for 2020 Double-declining balance 2020 Double declining balance 2021 Units-of-production 2020 4 points: What would the journal entry be if the straight-line method was used and the machine was sold on 12/31/2020 for 5700.000 O RE 3 TO DELL
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