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Complete the table below. Round each answer to the nearest cent Make a partial depreciation schedule for the third year using the units-of-production depreciation for
Complete the table below. Round each answer to the nearest cent
Make a partial depreciation schedule for the third year using the units-of-production depreciation for a laser engraver that costs $41 ,000 and has a scrap value of $3,000. The engraver has an expected life of 500,000 hours and is expected to last 15 years. Hours Annual Accumulated End-of-year Year 1 2 3 used depreciation depreciation book value 24,734 20,167 22,537 Complete the table below. Round each answer to the nearest cent. Year 1 2 3 Hours used 24,734 20,167 22,537 Annual Accumulated depreciation depreciation $1,879.78 $1 ,532.69 $1,879.78 $3,412.47 End-of-year book value $39,120.22 $37,587.53
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