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On January 2, 2018, Jatson Corporation acquired a new machine with an estimated useful life...

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Accounting

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On January 2, 2018, Jatson Corporation acquired a new machine with an estimated useful life of five years. The cost of the equipment was $50,000 with an estimated residual value of $5,000. a-1. Prepare a complete depreciation table under the straight-line method. Assume that a full year of depreciation was taken in 2018. -a-2. Prepare a complete depreciation table under the 200 percent declining balance method. Assume that a full year of depreciation w taken in 2018. a-3. Prepare a complete depreciation table under the 150 percent declining balance with a switch to straight-line when it will maximize depreciation expense. Assume that a full year of depreciation was taken in 2018. Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req A3 Prepare a complete depreciation table under the 200 percent declining-balance method. Assume that a full year of depreciation was taken in 2018. (Round your final answers to the nearest whole number.) Depreciation Accumulated Expense Depreciation Book Value 2018 2019 2020 2021 2022

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