Depreciation under the straight-line method

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Reference no: EM13792374

Salta Company installs a manufacturing machine in its factory at the beginning of the year at a cost of $87,000. The machine's useful life is estimated to be 5 years, or 400,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 84,500 units of product. Determine the machines' second year depreciation under the straight-line method.

$16,900.

$17,400.

$20,880.

$18,379.

$16,000.

Reference no: EM13792374

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