Accounting facilitate?
I can not get this answer can you please obligeA machine beside a cost of $65,000 has an estimated residual importance of $5,000 and an estimated life of 5 years or 15,000 hours. It is to be depreciated by the units-of-production method. What is the amount of depreciation for the second full year, during which the apparatus was used 5,000 hours?
Answers: For the 2nd full year, depreciation would be 5,000/15,000 x 60,000 = $20,000
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Haggle for what? Different circumstances have different methods.
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