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Determine the units-of-activity depreciation for the year

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Problem - Equipment acquired at the beginning of the year at a cost of $180,000 has an estimated residual value of $10,000, has an estimated useful life of 40,000 hours, and was operated 3,600 hours during the year. Determine (a) the depreciable cost, (b) the depreciation rate, (c) the units-of-activity depreciation for the year.

Reference no: EM132694246

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