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Business, 19.12.2019 04:31 nagwaelbadawi

Afactory machine was purchased for $375,000 on january 1, 2018. it was estimated that it would have a $75,000 salvage value at the end of its 5-year useful life. it was also estimated that the machine would be run 40,000 hours in the 5 years. the company ran the machine for 4,000 actual hours in 2018. if the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2018 would be a) $37,500. b) $60,000. c) $75,000. d) $30,000.

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