1. MC.09-82.Algo (Algorithnic) A machine with a cost of $52,600.00 has an estimated residual value...
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1. MC.09-82.Algo (Algorithnic) A machine with a cost of $52,600.00 has an estimated residual value of $4,934.00 and an estimated life of 5 years or 18,366 hours. What is the amount of depreciation for the second full year, using the double declining-balance method? Select the correct answer $10,520.00 $12,624.00 $21,040.00 $19,066.40 2. MC.09-83.Algo (Algorithmic) Equipment with a cost of $83,238.00, an estimated residual value of $4,529.00, and an estimated life of 13 years was depreciated by the straight-line method for 7 years. Due to obsolescence, it was determined that the remaining useful life should be shortened by 5 years and the residual value changed to zero. The depreciation expense for the current and future years is Select the correct answer S42,381.77 540,856.23 $3,404.69 53,142.79 3. MC.09-80.Algo Algorithmic) A machine with a cost of $70,332.00 has an estimated residual value of $4,823.00 and an estimated life of 5 years or 15,683 hours. It is to be depreciated by the units-of-production method. What the second full year, during which the machine was used 3,912 hours? the amount of depreciation for Select the correct answer. 516,466.01 $26,203.60 513,101.80 $17,678.30
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