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A company paid $ 9 3 , 8 0 0 for a machine and was depreciating it by the units - of - production method.
A company paid $ for a machine and was depreciating it by the unitsofproduction method. The machine was expected to produce a total of units of product and to have a residual value of $ During the first two years of use, the machine produced units.
At the beginning of the machine's third year of life, its estimated lifetime production was revised from to units; its estimated residual value was unchanged.
Calculate the amount of depreciation that should be charged during the third year of the machine's life if units are produced that year. Round depreciation per unit to decimal places, eg and final answer to decimal places, eg
Depreciation for Year
$
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