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Fancy Frappuccino purchased a coffee drink machine on January 1, 2016, for $70,000. Expected useful life is 10 years or 50,000 drinks. In 2016, 11,000
Fancy Frappuccino purchased a coffee drink machine on January 1, 2016, for $70,000. Expected useful life is 10 years or 50,000 drinks. In 2016, 11,000 drinks were sold, and in 2017,16,000 drinks were sold. Residual value is $10,000. Prepare a UOP schedule for 2016/2017 depreciation expense, accum. dep and book value
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