Multiple Choice
A machine with a cost of $120,000 has an estimated residual value of $15,000 and an estimated life of 5 years or 15,000 hours.It is to be depreciated by the units-of-output method.What is the amount of depreciation for the second full year,during which the machine was used 5,000 hours?
A) $5,000
B) $21,000
C) $35,000
D) $45,000
Correct Answer:
Verified
Correct Answer:
Verified
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