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Strong Metals incorporated purchased a new stamping machine at the beginning of the year at...

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Accounting

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Strong Metals incorporated purchased a new stamping machine at the beginning of the year at a cost of $1,377,500. The estimated residual value was $72,500. Assume that the estimated useful life was five years and the estimated productive life of the machine was 300,000 units. Actual annual production was as follows: Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Complete a depreciation schedule using the straight-line method. Complete a depreciation schedule using the units-of-production method. Note: Use two decimal places for the per unit output factor. Complete a depreciation schedule using the double-declining-balance method

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