Business
Business, 20.12.2019 19:31, andyromero

At the beginning of year 1, trey inc., purchased a machine with a total acquisition cost of $33,000. the machine has an estimated residual value of $3,000 at the end of its estimated useful life of 3 years. the machine is expected to produce a total of 60,000 units over its estimated useful life. during year 1, it was used to produce a total of 16,000 units. using the straight-line method, what is the amount of annual depreciation that should be recorded?

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