Make a partial depreciation schedule for the first year using the units-of-production depreciation for a laser engraver that costs $38,000 and has a scrap value of $4,000. The engraver has an expected life of 400,000 hours and is expected to last 15 years. Year Hours used Annual depreciation Accumulated depreciation End-of-year book value 1 24,231 Complete the table below.
Make a partial depreciation schedule for the first year using the units-of-production depreciation for a laser engraver that costs $38,000 and has a scrap value of $4,000. The engraver has an expected life of 400,000 hours and is expected to last 15 years. Year Hours used Annual depreciation Accumulated depreciation End-of-year book value 1 24,231 Complete the table below.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Question
Make a partial depreciation schedule for the first year using the units-of-production depreciation for a laser engraver that costs $38,000 and has a scrap value of $4,000. The engraver has an expected life of 400,000
hours and is expected to last 15 years.
hours and is expected to last 15 years.
|
Year
|
Hours used
|
Annual depreciation
|
Accumulated depreciation
|
End-of-year book value
|
|---|---|---|---|---|
|
1
|
24,231
|
|
|
Complete the table below.
|
Year
|
Hours used
|
Annual depreciation
|
Accumulated depreciation
|
End-of-year book value
|
|---|---|---|---|---|
|
1
|
24,231
|
$enter your response here
|
$enter your response here
|
$enter your response here
|
(Type an integer or decimal rounded to the nearest cent as needed.)
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