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On January 1,2001,FR Purchased a Machine That Cost $50,000 (Estimated

Question 127

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On January 1,2001,FR purchased a machine that cost $50,000 (estimated 10-year life and residual value $6,000).FR's president is considering several amortization methods that could be used for this machine.For analytical purposes,you have been asked to complete the following schedule (round all amounts to the nearest dollar).FR's year-end is December 31 and only accounts for amortization at year-end.  Balance in  Accumulated  Amortization  Amort, at Dec. 31,  Amortization Method  Expense for 20022002\begin{array}{llc} &&\text { Balance in }\\&&\text { Accumulated }\\& \text { Amortization } & \text { Amort, at Dec. 31, } \\\text { Amortization Method } & \text { Expense for } 2002 & 2002\end{array} (a) Straight-line. \quad$___\$\_\_\_\quad$___\$\_\_\_ (b) SYD \quad$___\$\_\_\_\quad$___\$\_\_\_ (c) DDB \quad$___\$\_\_\_\quad$___\$\_\_\_ (d) Productive Output (UNITS: total estimated,20,000; actual 2001,4,000;2002,2,000)2001,4,000 ; 2002,2,000 ) \ldots \ldots\quad$___\$\_\_\_\quad$___\$\_\_\_

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