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Use the units of production (UOP) or units of service depreciation method to complete the following table. Explain how you obtained your answer. Note: For
Use the units of production (UOP) or units of service depreciation method to complete the following table. Explain how you obtained your answer. Note: For this activity, the total depreciable units of service over five years (with no salvage value) are determined to be 10,000 units. The equipment cost of $3,000,000 to be depreciated is divided by 10,000 units to arrive at a depreciation of $300.00 per unit. See Chapter 10 for assistance with calculations. Year Output Cost to be Depreciated Depreciation Expense Accumulated Depreciation Book Value 1 1600 $3,000,000 $480,000 $ $ 2 1800 $3,000,000 $540,000 $ $ 3 2000 $3,000,000 $600,000 $ $ 4 2200 $3,000,000 $660,000 $ $ 5 2400 $3,000,000 $720,000 $ $ 10,000 $3,000,000
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