Question: -Requires Respondus LockDown Browser Country Timber Manufacturing (CTM) installed a computerized machine in its factory at a cost of $350,000 on January 1, 2023.

-Requires Respondus LockDown Browser Country Timber Manufacturing (CTM) installed a computerized machine in its factory at a cost of $350,000 on January 1, 2023. The machine has an estimated unde of five years or a total of 200,000 units with a $32,000 residual value CTM's year end is December 31 and adjusting entries are done annually The original plan was to produce approximately the same number of nits per year but the actual production was: 2023-22,100 units: 2024-80,400; 2025-29,100 units; 2026-47,300 units; and 2027-21,100 units. Calculate the depreciation expense using the Double-Declining (or Double- Diminishing) method for 2026 and 2027. (2 marks) For 2026: A For 2027: Question

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