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Calculate the accumulated depreciation at the end

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Question - Morgana Film Productions Inc. purchased a copier on Jan 1, 2011 for $10,500 with a residual value of $1100.

Useful life is 5 years or 100,000 copies

Copies produced in 2011: 12000 copies; in 2012: 17,000 copies

Using the Straight Line Method, calculate:

a) Calculate the Depreciation Expense in 2011 & 2012?

b) Calculate the accumulated depreciation at the end of 2012?

c) Calculate the book value at the end of 2012?

Reference no: EM133170449

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