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What the depreciation expense for the year ending June

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Question - Your Company purchased an item of machinery with a useful life of 150,000 hours (or 15 years) at a cost of $467,500 ($425,000 + 42,500 GST) plus installation costs of $27,500 ($25,000 + $2,500 GST). The machine was six months old at June 30 and had been used for 3,800 hours. What the depreciation expense for the year ending June 30?

a. 7,600

b. 11,400

c. 10,766

d. 11,250

e. 15,000

Reference no: EM133034563

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