Question: What would be the depreciation expense for the second year of its useful life using the straight-line method? Lenin Systems purchased equipment on January 1

What would be the depreciation expense for the second year of its useful life using the straight-line method?

What would be the depreciation expense for the
Lenin Systems purchased equipment on January 1 for $200,000. This system has a useful life of 10 years and a salvage value of $25,000. The company estimates that the equipment will produce 50,000 units over its 10-year useful life. Actual units produced are: Year 1 5,000 units; Year 2 6,500 units; Year 3 7,000 units; Year 4-5,500 units; Year 5 5,000 units; Year 6 6,000 units; Year 7 7,000 units; Year 8 3,000 units; Year 9 3,000 units; Year 10 2,000 units. What would be the depreciation expense for the second year of its useful life using the straight-line method

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