Make a partial depreciation schedule for the third year using the units-of-production depreciation for a laser engraver that costs $44,000 and has ascrap value of $2,000. The engraver has an expected life of 400,000 hours and is expected to last 15 years.YearHoursused24,74412 20,1713 21,784Annual Accumulateddepreciation depreciationComplete the table below. Round each answer to the nearest cent.AccumulatedHours Annualused depreciationdepreciation$2,598.12$4,716.08$Year124,744220,1713 21,784End-of-yearbook value$2,598.12$2,117.96End-of-yearbook value$41,401.88$39,283.92

Units of production method is a method used to calculate depreciation expense of an asset on the…

Answered: Make a partial depreciation schedule…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter9: Capital Budgeting And Cash Flow Analysis

Section9.A: Depreciation

Problem 3P

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Your company is considering the purchase of a machine at a cost of P1,261,652, with an estimated salvage value of P207,760 and a projected useful life of 16 years. Determine the depreciation on the 5th year using the sum of years digits (SOYD) depreciation method. Write your final answer in two decimal places.

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