In recent years, Windsor Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below. Machine 1 2 3 Salvage Useful Life Depreciation Acquired Cost Value (in years) Method Jan. 1, 2020 $96,400 $14,000 July 1, 2021 Nov. 1, 2021 8 Straight-line 88,500 11,500 70,000 8,000 5 6 Declining-balance Units-of-activity For the declining-balance method, Windsor Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 31,000. Actual hours of use in the first 3 years were 2021, 500; 2022,4,600; and 2023, 6,600. (a1) For Machine #3, calculate depreciable cost per hour under units-of-activity method. Depreciable cost $ per hour

2. Momhil Inc. bought a professional coffee machine costing 2100,000.00.0ver its useful life it is estimated that it can process 5,000kgs of coffee or 200,000 servings. Entity can salvage the machine 25,000 at the end of useful life. Calculate the depreciation for this year if the entity is using unit of production method and it has: a) process 200 kg of coffee, b) served 15,000 www customers. NOTE: shuld be Write formula before answer wwwwwwww

1) Margaret has invested in a project that will cost $17000 upfront and will provide annual revenue of $5700 each year for 10 years.  If the interest rate is 15% calculate the present worth of this project.  Round your answer to two decimal places. 2) An asset cost $26000 with a salvage value of 2500 after 10 years.  Assuming straight line depreciation, calculate the book value in year 4. Round your answer to the nearest dollar. please do both questions

Engineering Economy, Chapter 16: Depreciation Methods Assume that your Harley has a first cost of $25,000 and an estimated $4000 Salvage value after 12 years. Calculate it's double declining balance (DDB) depreciation and book values for 1. Year 1 only 2. Year 4 only 3. Calculate the salvage value at the end of 12 years for the DDB model

Use 6 decimals while answering thank you

Machine that cost $150,000 and on which $120,000 of accumulated depreciation has beenrecorded was disposed of for $30,000 cash. Calculate the gain or loss.

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< A crane rental company has acquired a new heavy-duty crane for $210,000. The company calculates depreciation on this equipment on the basis of number of rentals per year, and the salvage value of the crane at the end of its 9-year life is $20,000 If the crane is rented an average of 101 days per year, what is the depreciation rate per rental? The depreciation is $ per day of rent. (Round to the nearest dollar.) E

A construction equipment costs 700,000 pesos and will have a salvage value of 30% of its original cost when retired at the end of 4 years. What is the first year’s depreciation cost? Use sum of years digit method. need answer in 20 mins sorry for rushing you guys :(

2. An asset is purchased for $500,000. The salvage value in 25 years is $100,000 and the Straight Line Depreciation Method was used. What is the book value at the end of the 3rd year? no excel