4. Dupage Co. purchased a factory machine at a cost of $18,000 on January 1, 2017....

 

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4. Dupage Co. purchased a factory machine at a cost of $18,000 on January 1, 2017. The machine is expected to have a salvage value of $2,000 at the end of its 4 year useful life. During its useful life the machine is expected to be used for 160,000 hours: Actual annual hourly use was 40,000 hours in 2017 and 60,000 hours in 2018. Instructions: Determine the depreciation expense for 2017 and 2018 using (a) straight-line (b) units of activity (c) double declining balance methods of depreciation 2. 4. Dupage Co. purchased a factory machine at a cost of $18,000 on January 1, 2017. The machine is expected to have a salvage value of $2,000 at the end of its 4 year useful life. During its useful life the machine is expected to be used for 160,000 hours: Actual annual hourly use was 40,000 hours in 2017 and 60,000 hours in 2018. Instructions: Determine the depreciation expense for 2017 and 2018 using (a) straight-line (b) units of activity (c) double declining balance methods of depreciation 2.

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Answer a Calculation of depreciation expenses for 2017 and 2018 under straight line method Straight Line Method Under straight line method the depreci... View the full answer