Question
The Hawaii Company purchases a machine on 1/1/21. Details include: Cost Salvage value Estimated life $20,000 $4,000 10 years Estimated units to be 60,000
The Hawaii Company purchases a machine on 1/1/21. Details include: Cost Salvage value Estimated life $20,000 $4,000 10 years Estimated units to be 60,000 provided Assume Straight-Line depreciation. Indicate the following amounts: a. 12/31/24 Accumulated 12/31/24 Book Depreciation $4,800 Value $15,200 b. 12/31/24 Accumulated 12/31/24 Book Depreciation $6,400 Value $13,600 C. 12/31/24 Accumulated 12/31/24 Book Depreciation $6,400 Value $9,600 d. 12/31/24 Accumulated 12/31/24 Book Depreciation $8,000 e. 12/31/24 Accumulated Depreciation $8,000 Value $12,000 12/31/24 Book Value $16,000
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