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Morgana Film Productions Inc. purchased a copier on Jan 1 , 2 0 1 1 for $ 1 1 , 5 0 0 with a

Morgana Film Productions Inc. purchased a copier on Jan 1,2011 for $11,500 with a residual
value of $1000.
Useful life is 5 years or 100,000 copies
Copies produced in 2011: 15000 copies; in 2012: 16,000 copies
Using the Straight Line 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
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