Question
NEED HELP ASAP 14 Equipment with a cost of $400,000 has an estimated salvage value of $25,000 and an estimated life of 4 years or
NEED HELP ASAP 14
Equipment with a cost of $400,000 has an estimated salvage value of $25,000 and an estimated life of 4 years or 15,000 hours. It is to be depreciated using the units-of-activity method. What is the amount of depreciation for the first full year, during which the equipment was used 3,300 hours?
| $100,000 | ||
| $113,800 | ||
| $82,500 | ||
| $93,750 |
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Auditing Theory And Practice
Authors: C. William Thomas, Bart Ward, Emerson Henke
3rd Edition
0534920748, 978-0534920746
