Question
Reader Inc purchased a machine costing $80,000 on January 3rd. The machine is expected to last 10 years and 10,000 hours with a salvage value
Reader Inc purchased a machine costing $80,000 on January 3rd. The machine is expected to last 10 years and 10,000 hours with a salvage value of $4,000. During the first year the machine was used 1,800 hours. What is annual depreciation if Reader uses the straight-line method?
| $13,680 | ||
| $7,600 | ||
| $13,500 | ||
| $8,000 |
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Fraud examination
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
4th edition
538470844, 978-0538470841
