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Business, 17.09.2019 23:30, Bleejones00
On january 1, 2018, the allegheny corporation purchased machinery for $115,000. the estimated service life of the machinery is 10 years and the estimated residual value is $5,000. the machine is expected to produce 220,000 units during its life. required: calculate depreciation for 2018 and 2019 using each of the following methods. 1. straight line. 2. sum-of-the-years'-digits. 3. double-declining balance. 4. one hundred fifty percent declining balance.
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On january 1, 2018, the allegheny corporation purchased machinery for $115,000. the estimated servic...
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