Equipment with a cost of $442000 has an estimated salvage value of $22000 and an estimated life of 4 years or 10000 hours. It is to be depreciated by the units-of-activity method. What is the amount of depreciation for the first full year, during which the equipment was used 3100 hours?
$110500.
$130200.
$106750.
$105000
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The post Equipment with a cost of $442000 has an estimated salvage value of $22000 and an estimated life of 4 years or 10000 hours. It is to be depreciated by the units-of-activity method. What is the amount of depreciation for the first full year, during which the equipment was used 3100 hours? appeared first on Superb Professors.
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