Wenner furnace corp purchased machinery for 412920 on may 1

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Wenner Furnace Corp. purchased machinery for $412,920 on May 1, 2012. It is estimated that it will have a useful life of 10 years, salvage value of $22,200, production of 355,200 units, and working hours of 25,000. During 2013, Wenner Corp. uses the machinery for 2,650 hours, and the machinery produces 37,740 units.

Reference no: EM13589248

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