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On January 4, 2019, Margaret's Cafe acquired equipment for $147,500. The estimated life of the equipment is 4 years or 42,500 hours. The estimated residual
On January 4, 2019, Margaret's Cafe acquired equipment for $147,500. The estimated life of the equipment is 4 years or 42,500 hours. The estimated residual value is $20,000. What is the depreciation for 2019, if Margaret's Cafe uses the asset 14,100 hours and uses the units - of - production method of depreciation? O A. $42,300 OB. $20,000 O C. $31,875 OD. $36,875
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