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The Bendell Company purchased a piece of machinery for $120,000.00. It has an estimated useful life of five years or 12.000 hours and a residual
The Bendell Company purchased a piece of machinery for $120,000.00. It has an estimated useful life of five years or 12.000 hours and a residual value of $6.000.00. What is the calculated depreciation for years 1 and 2 by the Average Costs method? Year 1: 548,000 Year 2: $28,600 Year 1:46,000 Year 2: $29,000 The Bendell Company purchased a piece of machinery for $120,000.00. It has an estimated useful life of five years or 12.000 hours and a residual value of $6.000.00. What is the calculated depreciation for years 1 and 2 by the Average Costs method? Year 1: 548,000 Year 2: $28,600 Year 1:46,000 Year 2: $29,000
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