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Questions On January 1, 2021. The fio Corporation purchased a machine for $350,000. The corporation...

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Questions On January 1, 2021. The fio Corporation purchased a machine for $350,000. The corporation estimated 6 year useful life for 20,000 units of useful fe) and $40,000 residualsalvape valve 20,000 units were produced in 2021 points Complete the following table using the indicated depreciation method and year for each row of the table Depreciation expense Method Accumulated depreciation Book value Straight line for 2021 Double-declining balance 2021 Double-declining balance 2022 Units of production 2021 4 What would the journal entrybe if the straight-line method is used and the machine was sold on 13/11/2021 for $230,000! For the LTO ALTH BIVS Puragih Anal IEE A 21.00 09

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