Print by: KENYETTE WILLIAMS ACCT 2101-SP18-20502-Section IA-Online-Crews / Homew

Question

Print by: KENYETTE WILLIAMS ACCT 2101-SP18-20502-Section IA-Online-Crews / Homework- Chapter 9 Exercise 9-6 Larkspur, Inc. purchased a new machine on October 1, 2019 a salvage value of $13,500. The machine is expected to be used for 10,000 working hours during its 4-year life. purchased a new machine on October 1, 2019, at a cost of $121,000. The company estimated that the machine wis have the depreciation expense under straight-ine method for 2019. (Round answer to O decimal places e.g. 2.125.) 2019 Depreciation expense ation expense under units-of-activity for 2019, assuming machine usage was 1,730 hours, (Round depreciation cost pe decimal places, e.g. 2,125.25.) 2019 Compute the depreciation expense under decining-baiance using double the straight-ine rate for 2019 and 2020. (Round answers ao 0 decimal places, e.g. 2,125.) 2019 2020 Question Attempts: 0 of S used

Explanation / Answer

Depreciation 2019 = 121000-13500/4=26875

depreciationon activity based= (121000-13500/10000)* 1730=18597.5

2109 WDV =25467 2020 =40324

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