1. (12 points) robert parish corporation purchased a new machine for its assembly process on january 1, 2014. the cost of this machine was $117,900. the company estimated that the machine would have a salvage value of $17,900 at the end of its service life. its life is estimated at 4 years, and its working hours are estimated at 10,000 hours. year-end is december 31. instructions compute the depreciation expense under the following methods and complete the depreciation schedules below. (a) straight-line depreciation. (b) activity method for 2014 and 2015, assuming that machine usage was 2,000 hours for 2014; 1,710 hours for 2015; 3,150 hours for 2016 and 3,140 hours for 2017. (c) sum-of-the-years'-digits. (d) double-declining-balance.

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times