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Make a partial depreciation schedule for the third year using the units-of-production depreciation for a laser engraver that costs $32,000 and has a scrap value
Make a partial depreciation schedule for the third year using the units-of-production depreciation for a laser engraver that costs $32,000 and has a scrap value of $4,000. The engraver has an expected life of 500,000 hours and is expected to last 15 years. Hours Annual Accumulated End-of-year used depreciation depreciation book value 1 24,195 Year 2 20,756 3 22,456 Complete the table below. Round each answer to the nearest cent. Hours Annual Accumulated used depreciation depreciation $1,354.92 $1,354.92 $1,162.34 $2,517.26 S S Year 1 24,195 2 20,756 3 22 456 End-of-year book value $30,645 08 $29,482.74 $
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