11-17 Consider a $6500 piece of machinery, with a 5-year depreciable life and an estimated $1200 salvage value. The projected utilization of the machinery when it was purchased, and its actual production to date, are as follows: Year Projected Actual Production (tons) Production (tons)

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11-17 Consider a $6500 piece of machinery, with a 5-year
depreciable life and an estimated $1200 salvage
value. The projected utilization of the machinery
when it was purchased, and its actual production to
date, are as follows:
Year
1
2
3
45
Projected
Production (tons)
3500
4000
4500
5000
5500
Actual
Production (tons)
3000
5000
[Not
yet
known]
Transcribed Image Text:11-17 Consider a $6500 piece of machinery, with a 5-year depreciable life and an estimated $1200 salvage value. The projected utilization of the machinery when it was purchased, and its actual production to date, are as follows: Year 1 2 3 45 Projected Production (tons) 3500 4000 4500 5000 5500 Actual Production (tons) 3000 5000 [Not yet known]
Compute the depreciation schedule using:
(a) Straight line
(b) Double declining balance
(c) 100% bonus depreciation
ad (d) MACRS
(e) Unit of production (for first 2 years only)
****
Transcribed Image Text:Compute the depreciation schedule using: (a) Straight line (b) Double declining balance (c) 100% bonus depreciation ad (d) MACRS (e) Unit of production (for first 2 years only) ****
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