Calculate the depreciation and carrying value under production method

Formula:

Depreciation Expense = Cost Residual Value

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Estimated Units of Useful Life

Cost of the printer = $22500

Estimated Residual Value = $2500

Estimated life of the printer = 4 years

Estimated operating hours = 6,000 hours

Machine is used for 4 years

P7. Comparison of Depreciation Methods
1.	Depreciation Table
		Depreciation						Carrying
		Method	Year	Computation			Depreciation	Value
	b.	Production	1
			2
			3
			4