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The Pharoah Clinic purchased a new surgical laser for $201,600. The estimated salvage value is $9,600. The laser has a useful life of five years
The Pharoah Clinic purchased a new surgical laser for $201,600. The estimated salvage value is $9,600. The laser has a useful life of five years and the clinic expects to use it for 20,000 hours. It was used 3,840 hours in year 1; 5,040 hours in year 2,5,760 hours in year 3; 4,560 hours in year 4; 4,800 hours in year 5. (a) Compute the annual depreciation for each of the five years under each of the following methods: (1) straight-line. (2) units-of-activity. (Round answers to O decimal place, e.g. 1500.) Straight-line Units of Activity Year 1 $ Year 2 Year 3 Year 4 Year 5 Total
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