Morgana Film Productions Inc. purchased a copier on Jan 1, 2011 for $13,400 with a residual value of $1400.

Useful life is 5 years or 100,000 copies

Copies produced in 2011: 13000 copies; in 2012: 12,000 copies

Using the Activity/Units of Production Method, calculate:

a) The Depreciation Expense in 2011 & 2012

$ in 2011 $ in 2012

b) Accumulated depreciation at the end of 2012

$

c) Book value at the end of 2012

$