On July 1,2020,Suntera Corp.purchased and placed in service a machine with a cost of $460,000.Suntera estimated the service life to be 5 years or 30,000 units of output,with an estimated residual value of $6,000.During 2020,2,600 units were produced.
(a)The straight-line method of depreciation
(b)The units-of-production method of depreciation

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The Answer of On July 1,2020,Suntera Corp.purchased and placed in service a machine with a cost of $460,000.Suntera estimated the service life to be 5 years or 30,000 units of output,with an estimated residual value of $6,000.During 2020,2,600 units were produced.
(a)The straight-line method of depreciation
(b)The units-of-production method of depreciation