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thank you for your help A machine with a cost of $120,000 has an estimated residual value of $15,000 and an estimated life of 5
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A machine with a cost of $120,000 has an estimated residual value of $15,000 and an estimated life of 5 years or 15,000 hours. It is to be depreciated by the units-of-output method. What is the amount of depreciation for the second full year, during which the machine was used 5,000 hours? $5,000 $35,000 $21,000 $45,000 D Question 2 6.7 pts Equipment with a cost of $220,000 has an estimated residual value of $30,000 and an estimated life of 10 years or 19,000 hours. It is to be depreciated by the straight-ling method. What is the amount of depreciation for the first full year, during which the equipment was used 2.100 hours? $19.000 $21,000 $22.000 $30,000 Step by Step Solution
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