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Question
a machine with a cost of $240,000 has an estimated salvage value of $15,000 and an estimated useful life of 5 years or 15,000 hours. it is to be depreciated using the units-of-activity method of depreciation. what is the amount of depreciation for the second full year, during which the machine was used 5,000 hours?
a.$75,000
b.$45,000
c.$65,000
d.$80,000
Answer
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