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(a)
Compute the annual depreciation charges over the machine’s life assuming a December 31 year-end for each of the following depreciation methods. (Round answers to 0 decimal places, e.g. 45,892.)
(1) | Straight-line Method | (97200-6480/5) | $18144
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(2) | Activity Method | |||
Year | ||||
2015 | 21600*.84 | $18144
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2016 | 27000*.84 | $22680
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2017 | 16200*.84 | $13608
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2018 | $27216
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2019 | 10800*.84 | $9072
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(3) | Sum-of-the-Years'-Digits Method | |||
Year | ||||
2015 | 90720*5/15 | $30240
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2016 | $24192
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2017 | $18144
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2018 | $12096
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2019 | $6048
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(4) | Double-Declining-Balance Method | |||
Year | ||||
2015 | 97200*40% | $38880
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2016 | 97200*60%*40% | $23328
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2017 | $13997
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2018 | 20995*40% | $8398
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2019 | $6117 |
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