Question 4

Last year your firm bought a projector for $80,000 which you expect to run for an additional 10 years from now. You expect the projector to have a run time of 700,000 hours. Last year you ran the projector for thirty thousand hours and during this current year you ran the projector for fifty-five thousand hours. At the end of its lifespan, you expect to be able to resell the projector for ten thousand dollars. Using the Units-of-Production method, find the depreciation amount for the projectors second year of service. The firms MARR is 11%. Within $10 of

Question 4 options:

A	3857
B	4000
C	4500
D	5000
E	5500