A UV machine cost 550,000 pesos and has a salvage value of 10% of its cost at the end of its economic life of 45,000 hours, In the first vear it was used for 5,.000 hours, determine the book value at the end of the first year.
A UV machine cost 550,000 pesos and has a salvage value of 10% of its cost at the end of its economic life of 45,000 hours, In the first vear it was used for 5,.000 hours, determine the book value at the end of the first year.
Chapter1: Financial Statements And Business Decisions
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![A UV machine cost 550,000 pesos and has a salvage value of 10% of its cost at the end of its economic life of 45,000
hours. In the first year it was used for 5,000 hours, determine the book value at the end of the first year.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff2d8a2f5-c3bf-481b-8c77-151880a2fc83%2F7d387b44-9d1d-45b0-914c-8b57d168b5ad%2F8v2ob6_processed.png&w=3840&q=75)
Transcribed Image Text:A UV machine cost 550,000 pesos and has a salvage value of 10% of its cost at the end of its economic life of 45,000
hours. In the first year it was used for 5,000 hours, determine the book value at the end of the first year.
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