Current Attempt in Progress

Crane Corp. purchased machinery for $$147000$ on June $30,2023.$ It is estimated that it has a useful life of $8$ years, a residual value of $$18400,$ and total production of $280000$ units. During $2023,$ this machinery produced $22100$ units. The Corporation has a December $31$ year end. Using the double$-$declining$-$balance method, the $2023$ depreciation expense will be

$$18400.$

$$21900.$

$$19263.$

$$18375.$

eTextbook and Media