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  3. (d) assume the straight-line method is used. wha

(d) Assume the straight-line method is used. What amount of gain or loss...

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Accounting

(d)
Assume the straight-line method is used. What amount of gain or loss would Sunland recognize if they sell the asset for $57,000
on 12/31?24?(Round answer to 0 decimal places, e.g.15250.)
Sunland Company purchased a new machine on September 1,2022, at a cost of $132,000. The company estimated that the machine
will have a salvage value of $13,000. The machine is expected to be used for 10,000 working hours during its 5-year life.
(a)
Your answer is correct.
Compute the depreciation expense under the Straight-line method for 2022.2023, and 2024,(Round answers to 0 decimal places,
e.s.15250)
(b)
Your answer is correct.
Compute the depreciation expense under the Units-of-activity for 2022, assuming machine usage was 810 hours.
Depreciation expense for 2022
Your answer is correct.
Compute the depreciation expense under the Declining-balance using double the straight-line rate for 2022,2023, and 2024.
(Round answers to O decimal places, eg.15250.)
Depreciation expense for:
2022$
2023$
2024$

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