(Answered) On january 1 2009 the emming corporation purchased some

Accounting

On January 1, 2009, the Emming Corporation purchased some machinery. The machinery has an estimated life of 10 years and an estimated residual value of $5,000. The depreciation on this machinery was $20,000 in 2011.

Required:
Compute the acquisition cost of the equipment under the following depreciation methods:1. Straight line2. Sum-of the years' digits3. Double declining balance

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