Copy equipment was acquired at the beginning of the year at a cost of $59,050...
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Accounting
Copy equipment was acquired at the beginning of the year at a cost of $59,050 that has an estimated residual value of $5,400 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 1,073,000 copies. This year, 256,000 copies were made.
a. Determine the depreciable cost. $fill in the blank 1
b. Determine the depreciation rate. $fill in the blank 2 per copy
c. Determine the units-of-output depreciation for the year. $fill in the blank 3
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