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Mathematics, 07.05.2021 14:00 hellenjones30p0kvtl

Jim company bought a machine for $45,660 with an estimated life of 5 years. The residual value of the machine is $6,600. This machine is expected to produce 126,000 units. In year 1, it produced 22,000 units, and in year 2, 41,000 units. Assuming the units of production method, calculate the first 2 years depreciation. For year 1 and year 2.

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Jim company bought a machine for $45,660 with an estimated life of 5 years. The residual value of th...

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