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An asset cost $120,000 and has a useful life of 6 years or 8,000 units of production, and no residual value. Calculate one year's depreciation
An asset cost $120,000 and has a useful life of 6 years or 8,000 units of production, and no residual value. Calculate one year's depreciation assuming unit-of-production depreciation and if 1,200 units were produced this year: O $21,533. O $20,000. O $18,000. O $24,000
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