Stear corp. bought a machine on january 1, 2012 for $37,500. the company follows a policy of calculating depreciation using the written-down-value method at 8% per annum. the accounting period of stear corp. is from january to december. what will be the amount of depreciation added to the accumulated depreciation account for the year 2013?

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?