6(A) A machine that cost $96,000 on January 1, 2015 wasdepreciated by Ava Company...6(A)...

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Accounting

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(A) A machine that cost $96,000 on January 1, 2015 wasdepreciated by Ava Company using the double declining method. Themachine had a $8,600 residual value and a useful life of 5 Years.On January 1. 2017, the company switched to the straight linemethod.
What is the book value of the machine as of January 1,2017?____
(B) A machine that cost $96,000 on January 1, 2015 was depreciated byAva Company using the straight line method. The machine had noresidual value and a useful life of 8 Years. On January 1. 2017,the company switched to the sum of years’-digits method.
What is the depreciation expense for the year ended December 31,2017 $

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A Requirement WN Calculation of depreciation following the double declining method Straight Line Depreciation CostSalvage Valueuseful life Cost 96000 Residual Value 8600 Useful Life 5 yrs rate of Depreciation 25100 40 per Yr Schedule Yr Gross BV Net BV at start Accumulated Depreciation at See Answer

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In: Accounting6(A) A machine that cost $96,000 on January 1, 2015 wasdepreciated by Ava Company...6(A) A machine that cost $96,000 on January 1, 2015 wasdepreciated by Ava Company using the double declining method. Themachine had a $8,600 residual value and a useful life of 5 Years.On January 1. 2017, the company switched to the straight linemethod.What is the book value of the machine as of January 1,2017?________(B) A machine that cost $96,000 on January 1, 2015 was depreciated byAva Company using the straight line method. The machine had noresidual value and a useful life of 8 Years. On January 1. 2017,the company switched to the sum of years’-digits method.What is the depreciation expense for the year ended December 31,2017 $____