There are a total of 2 questions please see attached spreadsheet each tab is a different question

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There are a total of 2 questions please see attached spreadsheet each tab is a different question
Answered Same DayOct 22, 2021

Answer To: There are a total of 2 questions please see attached spreadsheet each tab is a different question

Yash answered on Oct 24 2021
165 Votes
Depreciation
    Q1 On January 1, 2020, Locke Company, a
    small machine-tool manufacturer, acquired
for                $3,750,000    a piece of new industrial
    equipment. The new equipment had a useful life of                15    years, and the salvage value             120
    was estimated to be        $750,000    . Locke estimates that the new equipment can produce
    Use the following depreciation methods to calculate the depreciation expense for 2020, 2021, and 2022
        (1) Straight-line,
        (2) Double-declining balance,
        (3) Sum-of-years'-digits.
    Solution
            2020    2021    2022
        Straight line    200,000.00    200,000.00    200,000.00
        Double declining method    500,000.00    433,333.33    375,555.56
        Sum of Years...
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