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Georgia Inc., which uses UOP depreciation, purchases for $16,000 a machine with a useful life of 15,000 machine hours and a salvage value of $1,000.
Georgia Inc., which uses UOP depreciation, purchases for $16,000 a machine with a useful life of 15,000 machine hours and a salvage value of $1,000. Actual usage by year and machine hours is: 2018 (3,000 MH); 2019 (2,200 MH): 2020 (6,170 MH): 2021 (5,300 MH). What is depreciation expense on the machine for 2021
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