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On January 5, 2018 Calvin's Cropcrushers, Inc. purchased crop crushing equipment for which the following information is available: Original cost.................. $3,800,000 Estimated residual value....... $200,000

On January 5, 2018 Calvin's Cropcrushers, Inc. purchased crop
crushing equipment for which the following information is available:
Original cost.................. $3,800,000
Estimated residual value....... $200,000
Useful life in years........... 10 years
Useful life expressed in operating hours 20,000 hours
17 The accumulated depreciation at December 31, 2019 (end of
second year) units of output is used and the equipment was operated for
another 2700 hours in 2019.
18 The book value of the equip. on December 31, 2019 if units of output is used.
(Equipment operated 2900 hrs in 2018, 2700 hrs in 2019)
19 The depreciation for year 2020 assuming the equipment is sold
on September 30, 2020 and is operated for 2,300 hours in 2020.
(assuming the units of output method is used)
20 The book value of the equipment assuming the facts in #19

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