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Business, 10.12.2019 04:31 witchhunt666

On january 1, 2018, tyson manufacturing corporation purchased a machine for $40,000,000. tyson's management expects to use the machine for 33,000 hours over the next six years. the estimated residual value of the machine at the end of the sixth year is $47,000. the machine was used for 4,000 hours in 2018 and 5,500 hours in 2019. what is the depreciation expense for 2018 if the corporation uses the units-of-production method of depreciation? (round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)

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On january 1, 2018, tyson manufacturing corporation purchased a machine for $40,000,000. tyson's man...

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