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A machine with a cost of $77,150.00 has an estimated residual value of $5,067.00 and an estimated life of 5 years or 17,150 hours. It
A machine with a cost of $77,150.00 has an estimated residual value of $5,067.00 and an estimated life of 5 years or 17,150 hours. It is to be depreciated by the units-of-production method. What is the amount of depreciation for the second full year, during which the machine was used 3,760 hours?
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$14,416.60
$16,914.52
$15,803.62
$28,833.20
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