d
Assume the straightline method is used. What amount of gain or loss would Sunland recognize if they sell the asset for $
on Round answer to decimal places, eg
Sunland Company purchased a new machine on September at a cost of $ The company estimated that the machine
will have a salvage value of $ The machine is expected to be used for working hours during its year life.
a
Your answer is correct.
Compute the depreciation expense under the Straightline method for and Round answers to decimal places,
es
b
Your answer is correct.
Compute the depreciation expense under the Unitsofactivity for assuming machine usage was hours.
Depreciation expense for
Your answer is correct.
Compute the depreciation expense under the Decliningbalance using double the straightline rate for and
Round answers to O decimal places, eg
Depreciation expense for:
$
$
$
