Solution-Compute the depreciation expense under the method

Compute the depreciation expense under the method

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Reference no: EM13550308

Solo Country Club purchased a new computer system on October 1, 2008, at a cost of $96,000. The company estimated that the machine would have a salvage value of $12,000. The system is expected to be used for 10,000 working hours during its five-year life.
Instructions

Compute the depreciation expense under the following methods for the year indicated:

(a) Straight-line for 2008.

(b) Units-of activity for 2008, assuming system usages was 1,700 hours.

Reference no: EM13550308

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Compute the depreciation expense under the method

Reference no: EM13550308

Reference no: EM13550308

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