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Current Attempt in Progress In recent years, Sandhill...

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Accounting

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Current Attempt in Progress In recent years, Sandhill Co. has purchased three machines. Because of frequent employee turnover in the accounting departmenta different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below. Salvage Machine Cost Value Useful Life (in years) Depreciation Method 1 $137.000 $49,000 8 Acquired Jan 1, 2020 July 1, 2021 Nov 1, 2021 2 96,000 12.100 5 Straight line Declining balance Units of activity 3 69,000 9.000 6 For the declining-balance method, Sandhill Couses the double-dedining rate. For the units-of-activity method, total machine hours are expected to be 30,000. Actual hours of use in the first 3 years were: 2021.720, 2022.5.500, and 2023.7.200. (a) A g Attempts: 2 of 3 used (b) If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2021? in 2022 2021 2022 Depreciation Expense $ e Textbook and Media Save for Later Attempts: 0 of Jused Semi An MacBook Air 888 58 BO a FE

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