Question

Delta Company purchased a photocopier costing $45,000 on January 1, 2014. The equipment is expected to produce a total of 4,000,000 copies over its productive life. Its residual value at the end of its useful life is estimated to be $5,000. The equipment actually produced: 650,000 copies in 2014; 798,000 copies in 2015; 424,000 copies in 2016; 935,000 copies in 2017; and 1,193,000 copies in 2018. Calculate depreciation for 2014 through to 2018 using the units-of-production method. Delta’s year-end is December 31.



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  • CreatedJanuary 08, 2015
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