On October 5,2001,NOON C acquired a new machine at a cost of 250,00.the machine has a useful
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Question:
On October 5,2001,NOON C acquired a new machine at a cost of 250,00.the machine has a useful life of 5 years scrape value of dollar 10,000it is estimated that the equipment will produce 2,000 unites of products during the fiscal periods ending December 31,2001and December 31,2001 respectively.On the basis of the above date,compute depreciation expense to be record on December 31,2002.
(A)Under the units of production method (B)Under the declining balance method. (C) under sum of year digits methods. (D)under the straight line method.
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