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A machine that prints images on a t-shirt was purchased for $320,500. It has an estimated salvage value of $32,500 and an expected life of
A machine that prints images on a t-shirt was purchased for $320,500. It has an estimated salvage value of $32,500 and an expected life of 720,000 units. Prepare a depreciation schedule using the units of production method of depreciation. Use the following printing schedule: Year 1 = 250,000 units; Year 2 = 170,000 units; Year 3 = 80,000 units; Year 4 = 100,000 units; Year 5 = 120,000 units Solve for A. Year Computation Amount of Depreciation Accumulated Depreciation Book Value 0 1 2 3 A 4 5 Group of answer choices $120,500 $120,005 $120,050 $102,500
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