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Chapter 17 -- Ansessment Test - Page 595 M2 Screen Gems Movie Theater purchased a new projector for $155,000 with a salvage value of $2000.
Chapter 17 -- Ansessment Test - Page 595 M2 Screen Gems Movie Theater purchased a new projector for $155,000 with a salvage value of $2000. Delivery and installation amounted to $580. The projector is expected to have useful life of 15,000 hours Complete the depreciation schedule for the first four years of operation by using the units-of-production method. End of Year Depreciation per hour Hours Annual Depreciation Accumulated Depreciation Book Value 2300 1890 2160 UwN 2530 2000 2120 op by using the unit of production method Depreciation per hour Hours Ann Depreciation Accumulated Depreciation Book Valus 2300 1890 2160 2530 2000 2120 2000 Lo e in
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