ces Complete the following table given this information: Note: Do not round intermediate calculations. Cost of machine Residual value Useful life Actual production Use MACRS table. Estimated units machine will produce: 100,000 Method $ 94,000 $ 4,000 Straight line Units of production Declining balance MACRS (5-year class) 5 years Year 1 60,000 Year 2 15,000 Depreciation Expense Year 1 Year 2

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Complete the following table given this information:
Note: Do not round intermediate calculations.
Cost of machine
Residual value
Useful life
Actual production
Use MACRS table.
Estimated units machine will produce: 100,000
Method
$ 94,000
$ 4,000
Straight line
Units of production
Declining balance
MACRS (5-year class)
5 years
Year 1
60,000
Year 2
15,000
Depreciation Expense
Year 2
Year 1
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Transcribed Image Text:ces Complete the following table given this information: Note: Do not round intermediate calculations. Cost of machine Residual value Useful life Actual production Use MACRS table. Estimated units machine will produce: 100,000 Method $ 94,000 $ 4,000 Straight line Units of production Declining balance MACRS (5-year class) 5 years Year 1 60,000 Year 2 15,000 Depreciation Expense Year 2 Year 1 < Prev 4 of 4 # JUL 30 Next
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