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On June 30, 2021. Prego Inc. purchased a laser steel punch that has an expected capacity of 300,000 units and no residual value. The cost
On June 30, 2021. Prego Inc. purchased a laser steel punch that has an expected capacity of 300,000 units and no residual value. The cost of the machine was $450,000 and is to be depreciated using the units-of-production method. During the six months of 2021, 24,000 units of product were produced. At the beginning of 2022, engineers estimated that the machine can realistically be used to produce only another 230,000 units. During 2022, 70,000 units were produced Prego would report depreciation in 2022 of: Type your answer without the dollar sign, but with comma, rounded to the nearest $1: $150.000 should be typed as 150.000
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