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Copy equipment was acquired at the beginning of the year at a cost of $74,360 that has an estimated residual value of $6,800 and an
Copy equipment was acquired at the beginning of the year at a cost of $74,360 that has an estimated residual value of $6,800 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 1,126,000 copies. This year, 282,000 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-activity depreciation for the year.
Copy equipment was acquired at the beginning of the year at a cost of 574,360 that has an estimated residuai value of 56,800 and an estimated useful hife of 5 yean: It is estimated that the machine will output an estimated 1,126,000 copies. This vear 282,000 copies were mote. a. Determine the depreciable cost. s. b. Determine the depreciation rate Round your answer to two decimal places. \$. per copy c. Determine the units-of-activity depreciation for the vear. 1 Step by Step Solution
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