Multiple Choice
A machine that cost $72,000 has an estimated residual value of $6,000 and an estimated useful life of 5 years or 30,000 hours.Using the units-of-production method, the depreciation expense for the second year, during which the machine was used 5,000 hours, would be
A) $14,400.
B) $13,200.
C) $12,000.
D) $11,000.
Correct Answer:
Verified
Correct Answer:
Verified
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