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The Bramble Clinic purchased a new surgical laser for $80,000. The estimated salvage value is $4,000. The laser has a useful life of five years
The Bramble Clinic purchased a new surgical laser for $80,000. The estimated salvage value is $4,000. The laser has a useful life of five years and the clinic expects to use it 8,000 hours. It was used 1,200 hours in year 1; 1,800 hours in year 2; 2,000 hours in year 3; 1,400 hours in year 4; 1,600 hours in year 5.
(a)
Compute the annual depreciation for each of the five years under straight-line and units-of-activity methods.
Straight-line | Units-of-Activity | ||||
---|---|---|---|---|---|
Year 1 | $enter a dollar amount | $enter a dollar amount | |||
Year 2 | enter a dollar amount | enter a dollar amount | |||
Year 3 | enter a dollar amount | enter a dollar amount | |||
Year 4 | enter a dollar amount | enter a dollar amount | |||
Year 5 | enter a dollar amount | enter a dollar amount | |||
Total | $enter a total amount | $enter a total amount |
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