# accounting

A company purchased a machine on January 1 of the current year for \$750,000. Calculate the annual depreciation expense for each year of the machine's life (estimated at 5 years or 20,000 hours, with a salvage value of \$75,000). During the machine's 5-year life its hourly usage was: 3,000; 4,000; 5,000; 5,000; and 3,000 hours.

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1. A company purchased a machine on Jan 1 of the current year of \$750

Calculate the annual depreciation expense for each year of the machine's life

(estimated at 5 years or 20,000 hours, with a residual value of \$750000) During the machine's 5 years life its hourly usage was : 5000 : 3000 : 4000 : 2000 and 6000 hours

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