Question: M10-5 Computing Book Value (Units-of-Production Depreciation) Calculate the book value of a two-year-old machine that cost $200,000, has an estimated residual value of $40,000, and

M10-5 Computing Book Value (Units-of-Production Depreciation) Calculate the book value of a two-year-old machine that cost $200,000, has an estimated residual value of $40,000, and has an estimated useful life of 20,000 machine hours. The company uses units-ofproduction depreciation and ran the machine 3,000 hours in year 1 and 8,000 hours in year 2.

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