A machine costing $208,800 with a four-year life and an estimated $18,000 salvage value is installed in Luther Companyâs factory on January 1. The factory manager estimates the machine will produce 477,000 units of product during its life. It actually produces the following units: 122,700 in 1st year, 123,400 in 2nd year, 120,800 in 3rd year, 120,100 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimateâthis difference was not predicted. (The machine must not be depreciated below its estimated salvage value.)

1) Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Straight-line depreciation.
2)Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Units of production.
3)Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Double-declining-balance.

On january 1, 2018, johnstone leased an office building. terms of the lease require johnstone to make 15 annual lease payments of $134,000 beginning on january 1, 2018. a 10% interest rate is implicit in the lease agreement. at what amount should johnstone record the lease liability on january 1, 2018, before any lease payments are made?

The following accounts appeared in recent financial statements of delta air lines. identify each account as either a balance sheet account or an income statement account. for each balance sheet account, identify it as an asset, a liability, or stockholders' equity. for each income statement account, identify it as a revenue or an expense. item financial statement type of account accounts payable balance sheet advanced payments for equipment balance sheet air traffic liability balance sheet aircraft fuel (expense) income statement aircraft maintenance (expense) income statement aircraft rent (expense) income statement cargo revenue income statement cash balance sheet contract carrier arrangements (expense) income statement flight equipment balance sheet frequent flyer (obligations) balance sheet fuel inventory balance sheet landing fees (expense) income statement parts and supplies inventories balance sheet passenger commissions (expense) income statement passenger revenue income statement prepaid expenses income statement taxes payable balance sheet

The last time he flew jet value air, juan's plane developed a fuel leak and had to make an 4) emergency landing. the time before that, his plane was grounded because of an electrical problem. juan is sure his current trip will be fraught with problems and he will once again be delayed. this is an example of the bias a) confirmation b) availability c) selective perception d) randomness