Starsky Manufacturing Company purchased three machines during the year:
$\begin{array}{rlr}
\text { Feb. 10 } & \text { Machine 1 } & \$ 1,800 \
\text { July 26 } & \text { Machine 2 } & 12,000 \
\text { Oct. 11 } & \text { Machine 3 } & 21,600
\end{array}$
Each machine is expected to last six years and have no residual value. The company's fiscal year corresponds to the calendar year. Using the straight-line method, compute the depreciation charge (amounts rounded) for each machine for the year.

Question

Starsky Manufacturing Company purchased three machines during the year:
 $\begin{array}{rlr}
\text { Feb. 10 } & \text { Machine 1 } & \$ 1,800 \
\text { July 26 } & \text { Machine 2 } & 12,000 \
\text { Oct. 11 } & \text { Machine 3 } & 21,600
\end{array}$
 Each machine is expected to last six years and have no residual value. The company's fiscal year corresponds to the calendar year. Using the straight-line method, compute the depreciation charge (amounts rounded) for each machine for the year.

Quizplus · Accepted Answer

The Answer of Starsky Manufacturing Company purchased three machines during the year:
 $\begin{array}{rlr}
\text { Feb. 10 } & \text { Machine 1 } & \$ 1,800 \
\text { July 26 } & \text { Machine 2 } & 12,000 \
\text { Oct. 11 } & \text { Machine 3 } & 21,600
\end{array}$
 Each machine is expected to last six years and have no residual value. The company's fiscal year corresponds to the calendar year. Using the straight-line method, compute the depreciation charge (amounts rounded) for each machine for the year.

Starsky Manufacturing Company Purchased Three Machines During the Year Each Machine Is Expected to Last Six Years and Have