Question
a reusable surgical instrusment kit was purchased for $5,000 on 5/01/20X2 and will undergo high utilization early on in its useful life. The practice administrator
a reusable surgical instrusment kit was purchased for $5,000 on 5/01/20X2 and will undergo high utilization early on in its useful life. The practice administrator would like to utilize the 200% accerlerated depreciation for the equipment. It was issued with a notifcation of 5 years of useful life and $100 salvage value caculate the following
a the total depreciation expense amount over the useful life of the equipment
b all annual depreciation expense amounts for the equipment
c the accumulated depreciation account value for the equipment on 5/01/20X4
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