Business, 04.12.2019 01:31 4300402428

1. (12 points) robert parish corporation purchased a new machine for its assembly process on january 1, 2014. the cost of this machine was $117,900. the company estimated that the machine would have a salvage value of $17,900 at the end of its service life. its life is estimated at 4 years, and its working hours are estimated at 10,000 hours. year-end is december 31. instructions compute the depreciation expense under the following methods and complete the depreciation schedules below. (a) straight-line depreciation. (b) activity method for 2014 and 2015, assuming that machine usage was 2,000 hours for 2014; 1,710 hours for 2015; 3,150 hours for 2016 and 3,140 hours for 2017. (c) sum-of-the-years'-digits. (d) double-declining-balance.

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1. (12 points) robert parish corporation purchased a new machine for its assembly process on january...