Solve by hand 11- The RX Drug Company has just purchased a capsulating machine for $76,000. The plant engineer estimates the machine has a useful life of 512 years and no salvage value. Compute the depreciation schedule using:(a) Straight-line depreciation(b) Double declining balance depreciation (assume any remaining depreciation is claimed in the last year)(c) 100% bonus depreciation(d) MACRS

a) Depreciation per year= (Book Value of the Asset-Salvage value)/no of years= (76000-0)/5= $15200…

Answered: hand | bartleby

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)

22nd Edition

ISBN:9781305666160

Author:James A. Heintz, Robert W. Parry

Publisher:James A. Heintz, Robert W. Parry

Chapter18: Accounting For Long-term Assets

Section: Chapter Questions

Problem 3CE

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