Question
Screen Gems Movie Theater purchased a new projector for $155,000 with a salvage value of $2,000. Delivery and installation amounted to $580. The projector is
Screen Gems Movie Theater purchased a new projector for $155,000 with a salvage value of $2,000. Delivery and installation amounted to $580. The projector is expected to have a useful life of 15,000 hours. Complete the following depreciation schedule for the first four years of operation by using the units-of-production method. Screen Gems Movie Theater Units-of-Production Depreciation Schedule Projector
Screen Gems Movie Theater Units-of-Production Depreciation Schedule Projector End of
Year 1 2300
2 1890
3 2160
4 2530
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