Question: technology Company purchased a machine for $ 5 0 , 0 0 0 . The machine has an estimated useful life of 1 0 ,

technology Company purchased a machine for $50,000. The machine has an estimated useful life of 10,000 hours and an estimated salvage value of $5,000. In the first year, the machine was used for 1,500 hours. Using the units of production depreciation method, what is the depreciation expense for the first year?

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