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QUESTION 24 Cin avulry 1, 2017 Henry Manufacturing Corporation purchased a machine for $40.000.000. Hency management expects to use the machine for 33.000 hours over
QUESTION 24 Cin avulry 1, 2017 Henry Manufacturing Corporation purchased a machine for $40.000.000. Hency management expects to use the machine for 33.000 hours over the next years. The estimated residual value of the machine at the end of the sixth year is 545,000. The machine was used for 3.600 hourt in 2017 and 5.000 hours in 2018. Calculate the book value of the machine Dve end of 2018 if the company uses the units-of-production method of depreciation (Round any intermediate cakulations to two decina puces, and you final age to the nearesto $10.000.000 0 596.175.816 Q 520.035,116 $30,000,420
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