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Calculate the book value of a two year old machine.

Calculate the book value of a two year old machine that cost $200,000, has an estimated residual value of $40,000, and has a estimated useful life of 20,000 machine hours. The company uses units-of-production depreciation and ran the machine 3,000 hours in year 1 and 8,000 hours in year 2.

May 31 2018 View more View Less

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