On January 1, 2017, Henny Manufacturing Corporation purchased a machine for $40,000,000 Henry's management expects...
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On January 1, 2017, Henny Manufacturing Corporation purchased a machine for $40,000,000 Henry's management expects to use the estimated residual value of the machine at the end of the sbth year is $47,000. The machine was used for 3,800 hours in 2017 to the nearest dollar.) machine for 32,000 hours over the next stx years and 5,700 hours in 2018. Calculate the book value of o two decimal places, and your final answer 2018 if the company uses the units -of-production method of depreciation. (Round any intermediate calculations t O A. $28,138,965 OB $35255,586 O C. $40,000,000 O D. $28,125,000
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