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Question
a factory machine was purchased for $60,000 on january 1, 2012. it was estimated that it would have a $12,000 salvage value at the end of its 5-year useful life. it was also estimated that the machine would be run 40,000 hours in the 5 years. if the actual number of machine hours ran in 2012 was 4,000 hours and the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2012 would be
a.$6,000
b.$9,600
c.$12,000
d.$4,800
Answer
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