Question: Quick Copy purchased a new copy machine. The new machine cost $ 1 2 2 , 0 0 0 including installation. The company estimates the
Quick Copy purchased a new copy machine. The new machine cost $ including installation. The company estimates the equipment will have a residual value of $ Quick Copy also estimates it will use the machine for four years or about total hours. Actual use per year was as follows:
Year Hours Used
Requlred Information
Problem B Algo Determine depreclation under three methods LO
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Qulck Copy purchased a new copy machine. The new machine cost $ Including Installation. The company
estimates the equipment will have a residual value of $ Quick Copy also estimates It will use the machine for four
years or about total hours. Actual use per year was as follows:
Problem B Algo Part
Prepare a depreclation schedule for four years using the activitybased method. Round your "Depreclation Rate" to decimal
places and use this amount In all subsequent calculatlons. Round answers to the nearest whole dollar.
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