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Machine costing $480,000 has an estimated salvage value of $40,000 and (lifetime output is estimated at 110,000 units; a firm produced 12,000 units in year
Machine costing $480,000 has an estimated salvage value of $40,000 and (lifetime output is estimated at 110,000 units; a firm produced 12,000 units in year one and 18,000 in year two). The depreciation expense for the second year using the units of (activity) method is----.
Select one:
a. $73,000.
b. $72,000.
c. $75,000.
d. $74,000.
The current maturities on long term debt is----
Select one:
a. long term asset.
b. current liability.
c. long term liability.
d. Current asset.
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