Question: no changes but the answer provided was incorrect On May Crane Company purchased factory equipment for S 763600. The asset's useful life in hours is
On May Crane Company purchased factory equipment for S 763600. The asset's useful life in hours is estimated to be 197Cm_ The estimated salvagevalue is SOTO and the estimated useful life years is 9. The machine was used for 26000 hours in tF first year. If the straight line method Will be used. What is depreciation 'cr the hrst year ot the asset's life? 0 94380 0 9.2933 c 99.100
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
