Business
Business, 09.04.2021 02:30, rupanti19p4sqpj

Whispering Winds Corp. purchased a new machine on October 1, 2019, at a cost of $123,000. The company estimated that the machine will have a salvage value of $14,500. The machine is expected to be used for 10,000 working hours during its 5-year life. Exercise 9-6 (Part Level Submission) Compute the depreciation expense under straight-line method for 2019. (Round answer to O decimal places, e. g. 2,125.) 2019 Depreciation expense 5,425 $ Compute the depreciation expense under units-of-activity for 2019, assuming machine usage was 1,630 hours. (Round depreciable cost per unit to 2 decimal places, e. g. 0.50 and depreciation rate to 0 decimal places, e. g. 15%. Round final answer to 2 decimal places, e. g. 2,125.25.) 2019 Depreciation expense 17685.5 Compute the depreciation expense under declining-balance using double the straight-line rate for 2019 and 2020. (Round answers to 0 decimal places, e. g. 2,125.) 2019 2020 Depreciation expense

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Whispering Winds Corp. purchased a new machine on October 1, 2019, at a cost of $123,000. The compan...

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