Question: Is my answer correct ? Current Attempt In Progress A machine with a cost of $490000 has an estimated salvage value of $20000 and an
Is my answer correct ?
Current Attempt In Progress A machine with a cost of $490000 has an estimated salvage value of $20000 and an estimated useful life of 5 years or 10000 hours. It is to be depreciated using the units-of-activity method of depreciation. What is the amount of depreciation for the second full year, during which the machine was used 5300 hours? O $249100 $239700 $94000 $259700Step by Step Solution
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