Question: Assume that the step machine in SE3 has an estimated

Assume that the step machine in SE3 has an estimated useful life of 8,000 hours and was used for 2,400 hours in year 1; 2,000 hours in year 2; 2,200 hours in year 3; and 1,400 hours in year 4. How much would depreciation expense be in each year? (Round to the nearest dollar.)
In SE3, Sunburn Fitness Center purchased a new step machine for $8,250. The apparatus is expected to last four years and have a residual value of $750. What will the depreciation expense be for each year under the straight-line method?


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  • CreatedMarch 26, 2014
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