Make a partial depreciation schedule for the first year using the​ units-of-production depreciation for a laser engraver that costs ​$38,000 and has a scrap value of $4,000. The engraver has an expected life of 400,000 hours and is expected to last 15 years.   Year Hours used Annual depreciation Accumulated depreciation ​End-of-year book value 1 24,231     Complete the table below.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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Make a partial depreciation schedule for the first year using the​ units-of-production depreciation for a laser engraver that costs ​$38,000 and has a scrap value of $4,000. The engraver has an expected life of 400,000
hours and is expected to last 15 years.
 
Year
Hours used
Annual depreciation
Accumulated depreciation
​End-of-year book value
1
24,231
 
 
Complete the table below.
 
Year
Hours used
Annual depreciation
Accumulated depreciation
​End-of-year book value
1
24,231
​$enter your response here
​$enter your response here
​$enter your response here
​(Type an integer or decimal rounded to the nearest cent as​ needed.)
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