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Grouper Company purchased a new machine on October 1,2020 , at a cost of $114,800. The company estimated that the machine will have a salvage
Grouper Company purchased a new machine on October 1,2020 , at a cost of $114,800. The company estimated that the machine will have a salvage value of $14,800. The machine is expected to be used for 10,000 working hours during its 4 -year life. Compute the depreciation expense under units-of-activity for 2020 , assuming machine usage was 1,910 hours. (Round intermediate calculations to 1 decimal place, es. 10.1 and final answer to 0 decimal places, eg. 2,125.)
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