Make a partial depreciation schedule for the first three years using the units-of-production depreciation for a laser engraver that costs $3H,(m and has a scrap value of $2,000. The engraver has an expected life of 500,000 hours and is expected to last 15 years.

Transcribed Image Text:

Total cost $38,000 Ann Accumulated End-of-year Year Hours used depreciation depreciation book value 7. 8. 9. 24,848 20,040 20,860