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Question 10 10 pts Your Corporation uses the units of production method when depreciating its equipment. purchased equipment for $200,000. An additional $14,844 was spent
Question 10 10 pts Your Corporation uses the units of production method when depreciating its equipment. purchased equipment for $200,000. An additional $14,844 was spent to get the equipment operational. It will produce 1,200,000 units over its 5-year useful life and it has a salvage value of $7,500. The company produced 265,000 units with the equipment during the year of purchase. What amount will be recorded for depreciation expense for the equipment in the first year? $49,167 $41,469 $45,788 $47,445
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