copy machine cost $95,000 and has an estimated residual value of $5,000. It is expected to last about ten years and to make a total of 3,000,000 copies. 200,000 copies are made in Year 1, 300,000 in Year 2, and 450,000 in Year 3. Units-of-Activity depreciation is used. What is the balance in the Accumulated Depreciation account at the end of Year 3?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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A copy machine cost $95,000 and has an estimated residual value of $5,000. It is expected to last about ten years and to make a total of 3,000,000 copies. 200,000 copies are made in Year 1, 300,000 in Year 2, and 450,000 in Year 3. Units-of-Activity depreciation is used.

What is the balance in the Accumulated Depreciation account at the end of Year 3?

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Section 179 Deduction and Modified Accelerated Cost Recovery System (MACRS) Depreciation
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