Copy equipment was acquired at the beginning of the year at a cost of $51,850 that has an estimated residual value of $4,700 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 943,000 copies. This year, 204,000 copies were made. a. Determine the depreciable cost. $fill in the blank 1 b. Determine the depreciation rate. Round your answer to two decimal places. $fill in the blank 2 per copy c. Determine the units-of-output depreciation for the year. $fill in the blank 3

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Copy equipment was acquired at the beginning of the year at a cost of $51,850 that has an estimated residual value of $4,700 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 943,000 copies. This year, 204,000 copies were made.

a. Determine the depreciable cost.
$fill in the blank 1

b. Determine the depreciation rate. Round your answer to two decimal places.
$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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