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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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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 coples 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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