On january 1 2013 the allegheny corporation purchased

Reference no: EM13588842

On January 1, 2013, 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 2013 and 2014 using each of the following methods. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.) Need One hundred fifty percent declining balance for 2013 and 2014.

Reference no: EM13588842

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