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Copy equipment was acquired at the beginning of the year at a cost of $39,680 that has an estimated residual value of $3,600 and an
Copy equipment was acquired at the beginning of the year at a cost of $39,680 that has an estimated residual value of $3,600 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 902,000 copies. This year, 295,000 copies were made. a. Determine the depreciable cost. $ b. Determine the depreciation rate. Round your answer to two decimal places. $ per copy c. Determine the units-of-output depreciation for the year. $
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