Posted by louna on Sunday, June 28, 2009 at 3:27pm.
400 units is 1/25 of the expected production capability (10,000). If you are calculating depreciation based upon wear and tear rather that time, You would take 1/25 of ($15,000-5,000) or 4250 in depreciation.
The US government is contantly changing depreciation rules as a way of either stimulating or cooling off the economy. The method I have chosen may not be what is recommended at present.
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