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3.3 QUESTION 3 ABC Corporation has the following information regarding a piece of manufacturing equipment that was purchased on January 1, 2017 Cost of the
3.3 QUESTION 3 ABC Corporation has the following information regarding a piece of manufacturing equipment that was purchased on January 1, 2017 Cost of the equipment - $1.200,000 Estimated residual value $210,000 Useful life - 7 years Total productive capacity - 1,850,000 units Estimated production in 2017 - 150,000 units Estimated annual production in 2018 and 2019.250,000 units per year Estimated annual production tast 4 years - 300,000 units per year What is the carrying amount of the asset at December 31, 2019 if the company uses the units of production method of depreciation) 3.5583,784 . 5852,162 5691.622 d. 5940,541 $778,378
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