31. Ace company purchased a machine valued at $336,000 on August 1. The equipment has...
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Accounting
31. Ace company purchased a machine valued at $336,000 on August 1. The equipment has an estimated useful life of 5 years or 1.9 million units. The equipment is estimated to have a salvage value of $9,800. Assuming the double declining balance method of depreciation, what is the amount of depreciation expense that needs to be recorded at the end of the second year if 650,000 units were produced?
56000
280000
110500
112000
134400
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