Current Attempt in Progress On January 1,2024, Marigold Corp. purchased equipment for $52000. It...

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Accounting

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On January 1,2024, Marigold Corp. purchased equipment for $52000. It was expected to last five years, after which it will be sold for $5000. It is expected to be used for a total of 9400 machine hours, and was used for 750 hours during the year ended December 31,2024. The depreciation expense for 2024 using the units-of-production method will be
$4149.
$3750.
$10650.
$9400.
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