Required information E8-14 (Static) Computing Depreciation and Book Value for Two Years Using Alternative Depreciation...
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Required information E8-14 (Static) Computing Depreciation and Book Value for Two Years Using Alternative Depreciation Methods and Interpreting the Impact on Cash Flows LO8-3, 8-7 Skip to question [The following information applies to the questions displayed below.] Schrade Company bought a machine for $96,000 cash. The estimated useful life was four years and the estimated residual value was $6,000. Assume that the estimated useful life in productive units is 120,000. Units actually produced were 43,000 in Year 1 and 45,000 in Year 2. E8-14 Part 1 Required: 1. Determine the appropriate amounts to complete the following schedule. (Do not round your intermediate calculations.)
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