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Bramble Corp. purchased a new machine on October 1, 2019, at a cost of $126,000. The company estimated that the machine will have a salvage
Bramble Corp. purchased a new machine on October 1, 2019, at a cost of $126,000. The company estimated that the machine will have a salvage value of $16,000. The machine is expected to be used for10,000working hours during its4-year life.
Compute the depreciation expense under straight-line method for 2019.
Compute the depreciation expense under units-of-activity for 2019, assuming machine usage was1,610hours.
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