VanHoutte Foods bought machinery on September 10, 2021, for $176,000. It was determined that the...
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Accounting
VanHoutte Foods bought machinery on September 10, 2021, for $176,000. It was determined that the machinery would be used for six years or until it produced 200,000 units and then would be sold for about $28,400. Complete the schedule below by calculating annual depreciation to the nearest whole month for 2021, 2022, and 2023. VanHouttes year-end is December 31. Assume actual units produced of: (Do not round intermediate calculations.) 2021 31,000 2022 67,000 2023 52,000
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