cial Accounting (2021/2022 Fa Term (121) OAM The old ice cream Shop Co make ice...
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cial Accounting (2021/2022 Fa Term (121) OAM The old ice cream Shop Co make ice creamon A2021.then rech ice-cream making machine for $160.000. Det on the machine The estimated usefutte is 10 year The estimated residual value is $10,000 The total estimated output over the machines usettes 50,00 pounds of ice cream The machine produced 4,000 pounds of ice cream in 2023 and 9,000 pounds in 2012 21 Required: Compute depreciation expense on the machine for both 2021 and 2022 using the following methods: a. Straight-line method [2 marks) b. Units-of production method 12 Double-diminishing balance meth 2 marks]
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