A company purchased factory equipment on June 1, 2021, for $168000. It is estimated that the equipment will have a $9600 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2021, is A machine with a cost of $480000 has an estimated salvage value of $20000 and an estimated useful life of 5 years or 10000 hours. It is to be depreciated using the units-ofactivity method of depreciation. What is the amount of depreciation for the second full year, during which the machine was used 5000 hours? A company purchased factory equipment on June 1, 2021, for $168000. It is estimated that the equipment will have a $9600 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2021, is A machine with a cost of $480000 has an estimated salvage value of $20000 and an estimated useful life of 5 years or 10000 hours. It is to be depreciated using the units-ofactivity method of depreciation. What is the amount of depreciation for the second full year, during which the machine was used 5000 hours