Question: View Policies Current Attempt in Progress Headlands Industries Ltd., a public company, presents you with the following information: (a) Complete the table for the year

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Headlands Industries Ltd., a public company, presents you with the following information: (a) Complete the table for the year ended December 31, 2024. The company depreciates all assets for a half year in the year of acquisition and the year of disposal. (Round answers to 0 decimal places, e.g. 5,275.)

Description Date Purchased Cost Residual Value Life in Years Depreciation Method Accumulated Depreciation to Dec. 31, 2023 Depreciation for 2024

Machine A

Dec. 2, 2022

$170,000 $12,000 10 $47,600

Machine B

Aug. 15, 2021

15,000 5 Straight-line 29,500

Machine C

July 21, 2020

73,800 22,000 8 Double-declining-balance

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