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Copy equipment was acquired at the beginning of the year at a cost of $72,000 that has an estimated residual value of $9,000 and an
Copy equipment was acquired at the beginning of the year at a cost of $72,000 that has an estimated residual value of $9,000 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 1,000,000 copies. This year, 315,000 copies were made. a. Determine the depreciable cost. $ b. Determine the depreciation rate. Round your answer to three decimal places. per copy c. Determine the units-of-activity depreciation for the year. $
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