Question: W WUJLLS C. UNITS-OF-PRODUCTION METHOD A machine is purchased January 1 at a cost of $59,000. It is expected to produce 130,000 units and have
W WUJLLS C. UNITS-OF-PRODUCTION METHOD A machine is purchased January 1 at a cost of $59,000. It is expected to produce 130,000 units and have a salvage value of $3,000 at the end of its useful life. Units produced are as follows: Year 1 10,000 Year 2 8 ,000 Year 3 12,000 .00 Year 4 16,000 db 100 Year 5 11,000Blossy0001 REQUIRED Prepare a schedule showing depreciation for each year and the book value at the end of each year using the units-of-production method (round calculations to two decimal places)
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