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Please solve and show work OD. $28,600 Equipment with a cost of $450,000 has an estimated salvage value of $30,000 and an estimated life of
Please solve and show work
OD. $28,600 Equipment with a cost of $450,000 has an estimated salvage value of $30,000 and an estimated life of 4 years or 10,000 hours. It is to be depreciated by the units-of-activity method. What is the amount of depreciation for the first full year, during which the equipment was used 2,700 hours? ut of Select one: A. $112,500. B. $105,000. O C. $113,400. O D. $108,750. 10 Foyle Company purchased a new van for floral deliveries on January 1, 2016. The van cost $56,000 with an estimated life of 5 years and $14,000 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the balance of the Accumulated Depreciation account at the end of 2017? out of Select one O A. $8,960. B. $26,880. C. $35,840. D. $13,440. n 11 K dienneal of a nlantStep by Step Solution
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