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Business, 07.04.2020 20:28 hannah1072

Windsor, Inc. purchased a new machine on October 1, 2020, at a cost of $120,000. The company estimated that the machine will have a salvage value of $13,000. The machine is expected to be used for 10,000 working hours during its 4-year life.(1) Straight-line for 2020. (2) Units-of-activity for 2020, assuming machine usage was 1,700 hours. (3) Declining-balance using double the straight-line rate for 2020 and 2021.

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Windsor, Inc. purchased a new machine on October 1, 2020, at a cost of $120,000. The company estimat...
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