Make a partial depreciation schedule for the third year using the units-of-production depreciation for a laser engraver that costs $41,000 and has ascrap value of $5,000. The engraver has an expected life of 200,000 hours and is expected to last 15 years.YearHoursused24,41912 20,5663 22,599Annual Accumulateddepreciation depreciationYearComplete the table below. Round each answer to the nearest cent.Hours AnnualREVEAccumulated End-of-yearused depreciation depreciation book value1 24,419 $4,395.4220,566 $3,701.8823 22,599$4,395.42End-of-yearbook value$8,097.3$36,604.58$32,902.7

Depreciation Depreciation is the decrease in value due to the continued use of an asset over its useful life. Asset depreciation is calculated on an annual basis. There are many ways to calculate the depreciation of assets, such as the straight-line method, sinking fund method, etc. Calculation of annual depreciation, accumulated depreciation, and end-of-year book value of 3rd year

Answered: Make a partial depreciation schedule…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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