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Calculate the depreciation expense for each machine

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Reference no: EM131795629

machine 1 cost = 82,000 salvage value = 8,000 purchase date =jan 1 estimated life= 4 years depreciation method= straight line

machine 2 cost= 46,000 salvage value = 3,600 purchase date=july 1 estimated life= 5 years depreciation method= double declining balance

Calculate the depreciation expense for each machine in year 1 and year 2 for the year ended December 31.

 

Reference no: EM131795629

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