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Compute depreciation under the straight-line

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Problem 1: Aljersey Company purchased machinery for $162,000 on January 1, 2019. It is estimated that the machinery will have a useful life of 20 years, residual value of $15,000, production of 84,000 units, and working hours of 42,000. During 2019, the company uses the machinery for 14,300 hours, and the machinery produces 20,000 units. Compute depreciation under the straight-line. units-of-output, working hours and double-declining-balance methods.

Reference no: EM132784311

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