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Business, 13.03.2020 23:53 haileysolis5

On January 1, 2017, Busy Beaver bought a new industrial lathe for $210,000. It expects to use the lathe for 10,000 hours over the next 5 years and then sell it for $10,000. Busy Beaver used the lathe for 2,000 hours in 2017 and 2,500 hours in 2018.

Accumulated Depreciation at December 31, 2018, using units-of-production, equals:

a. $80,000.

b. $90,000.

c. $50,000.

d. $120,000.

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Answers: 1

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On January 1, 2017, Busy Beaver bought a new industrial lathe for $210,000. It expects to use the la...

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