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The following accounts were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet: Accumulated Depreciation $ 2,874 Fees Eamed 17,452 Depreciation Expense 1,433
The following accounts were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet: Accumulated Depreciation $ 2,874 Fees Eamed 17,452 Depreciation Expense 1,433 Insurance Expense 409 Prepaid Insurance 4,871 Supplies 1,157 Supplies Expense 3,702 Net income for the period is Oa. $11.908 Ob. $9,034 Oc. $5,544 Od. $3.006 A machine with a cost of $67,792.00 has an estimated residual value of $5,077.00 and an estimated life of 7 years or 17,074 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 4,648 hours? Do not round your intermediate calculations, O $8.959.29 O $17.918.57 O $18.454.80 O $17.07270
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