A machine with a cost of $66,762.00 has an estimated residual value of $5,210.00 and an estimated life of 7 years or 14,797 hours. It is to be depreciated by the units-of-output method. What is the amount of depreciation for the second full year, during which the machine was used 3,486 hours?

Do not round your intermediate calculations.

$14,500.93

2, If $1,007,000 of 8% bonds are issued at 102 1/2, The amount of cash received from the sale is

a.$1,087,560

b.$1,007,000

3,

Equipment with a cost of $154,880 has an estimated residual value of $9,619 and an estimated life of 5 years or 14,465 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used 3,393 hours?

a.$42.81

b.$5.00

c.$34,073.32

d.$29,052.20

c.$1,032,175

d.$755,250

$17,586.29

$15,728.35

$8,793.14