Make a partial depreciation schedule for the third year using the units-of-production depreciation for a laser engraver that costs $42,000 and has a scrap value of $3,000. The engraver has an expected life of 200,000 hours and is expected to last 15 years. Year Hours used Annual depreciation Accumulated depreciation End-of-year book value 1 24,184 2 20,598 3 22,575 Complete the table below. Round each answer to the nearest cent. Year Hours used Annual depreciation Accumulated depreciation End-of-year book value 1 24,184 $4,715.88 $4,715.88 $37,284.12 2 20,598 $4,016.61 $8,732.49 $33,267.51 3 22,575 $enter your response here $enter your response here $enter your response here
Make a partial depreciation schedule for the third year using the units-of-production depreciation for a laser engraver that costs $42,000 and has a scrap value of $3,000. The engraver has an expected life of 200,000 hours and is expected to last 15 years. Year Hours used Annual depreciation Accumulated depreciation End-of-year book value 1 24,184 2 20,598 3 22,575 Complete the table below. Round each answer to the nearest cent. Year Hours used Annual depreciation Accumulated depreciation End-of-year book value 1 24,184 $4,715.88 $4,715.88 $37,284.12 2 20,598 $4,016.61 $8,732.49 $33,267.51 3 22,575 $enter your response here $enter your response here $enter your response here
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.3: Geometric Sequences
Problem 80E
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Question
Make a partial depreciation schedule for the third year using the units-of-production depreciation for a laser engraver that costs $42,000 and has a scrap value of $3,000. The engraver has an expected life of 200,000
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
|
24,184
|
|
|
|
|
2
|
20,598
|
|
|
|
|
3
|
22,575
|
|
|
Complete the table below. Round each answer to the nearest cent.
|
Year
|
Hours used
|
Annual depreciation
|
Accumulated depreciation
|
End-of-year book value
|
|---|---|---|---|---|
|
1
|
24,184
|
$4,715.88
|
$4,715.88
|
$37,284.12
|
|
2
|
20,598
|
$4,016.61
|
$8,732.49
|
$33,267.51
|
|
3
|
22,575
|
$enter your response here
|
$enter your response here
|
$enter your response here
|
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