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I have used the check my work feature on this program and what I have so far is correct, but it tells me I am
I have used the check my work feature on this program and what I have so far is correct, but it tells me I am missing information, but I'm unable to determine what I am missing.
On January 1, Hawaiian Specialty Foods purchased equipment for $34,000. Residual value at the end of an estimated four-year service life is expected to be $4,480. The company expects the machine to operate for a total of 24,000 hours. The machine operated for 3,300 hours in the first year and 3,600 hours in the second year. Determine the financial statement effects of depreciation for each of the first two years using the activity-based method. Complete this question by entering your answers in the tabs below. Determine the financial statement effects of depreciation for year 2 using the activity-based method. (Amounts to be deducted should be entere with minus sign.)Step by Step Solution
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