The heist company purchased a machine on january 2 2010 and


The Heist Company purchased a machine on January 2, 2010 and uses the 150% declining balance depreciation method. The machine has an expected life of 10 years and an expected residual value of $5,000. The following costs relate to the acquisition and use of the machine during the first year of its operations:


Required:
Compute the depreciation expense for 2010 and2011.

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Accounting Basics: The heist company purchased a machine on january 2 2010 and
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