Question: what method is used in first two years A machine that produces cellphone components is purchased on January 1, 2024, for $137,000. It is expected

what method is used in first two years

A machine that produces cellphone components is purchased on January 1, 2024, for $137,000. It is expected to have a useful life of four years and a residual value of $11,000. The machine is expected to produce a total of 200,000 components during its life, distributed as follows: 40,000 in 2024,50,000 in 2025,60,000 in 2026 , and 50,000 in 2027. The company has a December 31 year end

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