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Valley Corporation bought a new piece of equipment on June 1, 2011. The cost of this machine was $325,000. The company estimated that the machine would contain a salvage value of $25,000 at the end of its service life. Its life is estimated at 4-years and its working hours are estimated at 50,000 hours. Year end is December 31.

find out the depreciation expense beneath the given methods. Each of the given must be considered unrelated.

Straight-line depreciation for 2011. Units of production process for 2011, supposing that machine usage was 13,000 hrs. Sum-of-the-years'-digits for 2012. Double-declining balance for 2012.

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  • Reference No.:- M919307

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