Essay
A copy machine acquired with a cost of $1,410 has an estimated useful life of four years. It is also expected to have a useful operating life of 13,350 copies. Assuming that it will have a residual value of $75, determine the depreciation for the first year by the following methods:
(a)Straight-line
(b)Double-declining-balance
(c)Units-of-activity method (4,500 copies were made the first year)?
Correct Answer:

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(a)Straight-Line Depreciation =
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Correct Answer:
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(Cost -...
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