Business, 25.04.2020 00:34 aracely11140
Robert Parish Corporation purchased a new machine for its assembly process on January 1, 2014. The cost of this machine was $215,900. The company estimated that the machine would have a salvage value of $15,900 at the end of its service life. Its life is estimated at 4 years, and its working hours are estimated at 40,000 hours. Year-end is December 31.
Compute the depreciation expense under the following methods. Each of the following should be considered unrelated.
(a) Straight-One depreciation for 2014
(b) Activity method for 2014, assuming that machine usage was 860 hours
(c) Sum-of-the-years'-digits for 2015 (d) Double-dectinino-balance for 2015
Answers: 2
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Robert Parish Corporation purchased a new machine for its assembly process on January 1, 2014. The c...
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