A machine with a cost of $61,581 has an estimated residual value of $4,344 and an estimated life of 6 years or 16,766 hours. It is to be depreciated by the units of activity method. What is the amount of depreciation for the second full year, during which the machine was used 4,202 hours? Do not round your Intermediate calculations.

Answer rating: 100% (QA)

To calculate the depreciation for the second full year using the units of activ... View the full answer