"age purchased a laboratory machine of 60000 $ on January 1, 2013. The machine is expected to have a salvage value of 6000 $ at the end of its 6 year useful life. During the useful life, the machine...

Extracted text: "age purchased a laboratory machine of 60000 $ on January 1, 2013. The machine is expected to have a salvage value of 6000 $ at the end of its 6 year useful life. During the useful life, the machine is expected to be used for 7600 hours. The machine was used as under: Year Hour used 2013 1 500 1 200 1 600 1 000 2014 2015 2016 2017 900 2018 1 400 Required: Prepare schedule of depi - Straight Line Method dream iation based on the following methods - Method Sum of Year - Double Declining Method