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connect.html risRegetrue&returnUrl-https;%3A%2F%2Fco mheducation.com%2Fpaamweb%2t index.htm C a Secure https// mhedu Check my work mode : This shows what is correct or incorrect for the work you have completed so far. t does not i 5 0 Required information The following Information applies to the questions displayed below Ramirez Company installs a comput $85,400. The machine's useful life is estimated at 20 years, or 402.000 units of product, with a $5.000 salvage value. Part 3 of3 erized manufacturing machine in its factory at the beginning of the year at a cost of 10 points During its second year, the machine produces 34,200 units of product. Determine the machine's second-year depreciation using the double declining-balance method. Answer is not complete. Annual Choose Factors: Choose Factor(%) Depreciation Beginning book value Double the straight line rate 35,400 x First years depreciation Second year's reciation Pre 5 of 18 Next >

Explanation / Answer

Double-declining-balance Depreciation Choose Factors: x Choose Factor(%) = Annual Depreciation Expense Beginning book value x Double the straight-line rate = Depreciation expense First year's depreciation 85400 x 10% = 8540 Second year's depreciation 76860 x 10% = 7686

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