On January 1, 20X1, Stern Company (A Calendar Year Corporation)

question 112

Essay

On January 1, 20X1, Stern Company (a calendar year corporation) purchased a heavy-duty machine having an invoice price of $13,000 plus transportation and installation costs of $3,000. The machine is estimated to have a 4-year useful life and a $1,000 residual value. Assuming the company uses the declining-balance method depreciation and a 150% acceleration rate, complete the following schedule (round to the nearest dollar). $$\begin{array} { | l | l | l | } \hline \text { Date } & \text { Depreciation Expense (for the year) } & \text { Book Value (at the end of the year) } \\\hline 12 / 31 / 20 X 1 & & \\\hline 12 / 31 / 20 X2 & & \\\hline 12 / 31 / 20 X3 & & \\\hline 12 / 31 / 20X 4 & & \\\hline\end{array}$$

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Definitions:

Organizational Citizenship

Behavior exhibited by employees that is beneficial to the organization but not directly recognized by the formal reward system.

Self-esteem

An individual's subjective evaluation of their own worth or value.

Work Environments

The physical and social settings in which people carry out their job duties, including factors like office layout, culture, policies, and coworkers.

Positive Feedback

A response mechanism that reinforces a particular behavior or performance, encouraging its recurrence by highlighting its benefits or successes.