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Posted: November 6th, 2023
National ACCOUNTING 410A Jon Seceda Furnace Corp. purchased machinery
Jon Seceda Furnace Corp. purchased machinery for $733,950 on May 1, 2014. It is estimated that it will have a useful life of 10 years, salvage value of $34,950, production of 559,200 units, and working hours of 25,000. During 2015, Seceda Corp. uses the machinery for 2,650 hours, and the machinery produces 59,415 units.From the information given, compute the depreciation charge for 2015 under each of the following methods.(Round answers to 0 decimal places, e.g. 45,892.)(a)Straight-line$(b)Units-of-output$(c)Working hours$(d)Sum-of-the-years'-digits$(e)Declining-balance (use 20% as the annual rate)$
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