Business, 03.04.2020 19:37 edjiejwi

On January 1, 2019, Ivey Company purchased a bottle-capping machine for $160,000. During its useful life, the company expects that the machine will cap 1,500,000 bottles. The machine’s expected salvage value is $10,000. During 2019, the machine capped 250,000 bottles and during 2020, the machine capped 300,000 bottles. Assuming units-of-production depreciation, 2020 depreciation expense is:

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On January 1, 2019, Ivey Company purchased a bottle-capping machine for $160,000. During its useful...

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