Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine...
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Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $44,000. Its estimated residual value was $14,000 at the end of an estimated 5-year life. The company expects to produce a total of 20,000 units. The company produced 1,600 units in 2018 and 2,050 units in 2019. Required: a. Calculate depreciation expense for 2018 and 2019 using the straight-line method. b. Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method Complete this question by entering your answers in the tabs below. Required A Required 8 Required C Calculate depreciation expense for 2018 and 2019 using the straight-line method. 2018 2019 Depreciation Expense Per Year Required B> Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $44,000. Its estimated residual value was $14,000 at the end of an estimated 5-year life. The company expects to produce a total of 20,000 units. The company produced 1,600 units in 2018 and 2,050 units in 2019. Required: a. Calculate depreciation expense for 2018 and 2019 using the straight-line method. b. Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance methoo Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar.) 2018 2019 Depreciation Expense Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $44,000. Its estimated residual value was $14,000 at the end of an estimated 5-year life. The company expects to produce a total of 20,000 units. The company produced 1,600 units in 2018 and 2,050 units in 2019. Required: a. Calculate depreciation expense for 2018 and 2019 using the straight-line method b. Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate depreciation expense for 2018 through 2022 using the double-declining balance method. (Round your final answers to nearest whole dollar.) 2018 2019 2022 Depreciation Expense Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $44,000. Its estimated residual value was $14,000 at the end of an estimated 5-year life. The company expects to produce a total of 20,000 units. The company produced 1,600 units in 2018 and 2,050 units in 2019. Required: a. Calculate depreciation expense for 2018 and 2019 using the straight-line method. b. Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method Complete this question by entering your answers in the tabs below. Required A Required 8 Required C Calculate depreciation expense for 2018 and 2019 using the straight-line method. 2018 2019 Depreciation Expense Per Year Required B> Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $44,000. Its estimated residual value was $14,000 at the end of an estimated 5-year life. The company expects to produce a total of 20,000 units. The company produced 1,600 units in 2018 and 2,050 units in 2019. Required: a. Calculate depreciation expense for 2018 and 2019 using the straight-line method. b. Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance methoo Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar.) 2018 2019 Depreciation Expense Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $44,000. Its estimated residual value was $14,000 at the end of an estimated 5-year life. The company expects to produce a total of 20,000 units. The company produced 1,600 units in 2018 and 2,050 units in 2019. Required: a. Calculate depreciation expense for 2018 and 2019 using the straight-line method b. Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate depreciation expense for 2018 through 2022 using the double-declining balance method. (Round your final answers to nearest whole dollar.) 2018 2019 2022 Depreciation Expense



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