1.  Compute depreciation expen

Exercise 7-48
Depreciation Methods

Berkshire Corporation purchased a copying machine for $8,700 on January 1, 2019. The machine’s residual value was $425 and its expected life was 5 years or 2,000,000 copies. Actual usage was 480,000 copies in the first year and 400,000 in the second year.


1.  Compute depreciation expense for 2019 and 2020 using the:

a.  Straight-line method.

Depreciation expense $ per year

b.  Double-declining-balance method.

  Depreciation Expense
2019 $
2020 $

c.  Units-of-production method. (Do not round intermediate calculations.)

  Depreciation Expense
2019 $
2020 $

2.  For each depreciation method, what is the book value of the machine at the end of 2019? At the end of 2020?

    2019 2020
a. Straight-line method $ $
b. Double-declining-balance method $ $
c. Units-of-production method $ $

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more