Question

In: Accounting

Hackel Industries presents you with the following information. Description Date Purchased Cost Salvage Value Life in...

Hackel Industries presents you with the following information.

Description

Date

Purchased

Cost

Salvage Value

Life in Years

Depreciation method

Accumulated Depreciation on 12/31/21

Depreciation for 2022

Machine A

2/1/20

$142,500

$16,000

10

(a)

$41,975

(b)

Machine B

8/1/20

(c)

21,000

5

SL

85,000

(d)

Machine C

7/31/20

75,400

23,500

8

DDB

(e)

(f)

Machine D

10/1/(g)

219,000

69,000

5

SYD

97,500

(h)

Complete the table.

Solutions

Expert Solution

ekkarill92 answered 3 years ago
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