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2 Equipment with a cost of $884000 has an estimated salvage value of $20000 and an estimated life of 4 years or 36000 hours. It
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Equipment with a cost of $884000 has an estimated salvage value of $20000 and an estimated life of 4 years or 36000 hours. It is to be depreciated using the units-of-activity method. What is the amount of depreciation for the first full year, during which the equipment was used 7500 hours? O $180000 $204167 $216000 $221000 Step by Step Solution
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