Business, 14.06.2020 00:57, tyrique86

In January of this year, Amazon bought a machine for $220,000. The machine has a useful life of 10 years and a salvage value of $60,000. Amazon uses the units of production method to depreciate this machine. Yamazon estimates that the machine will be used for 800,000 machine hours. In May, the equipment was used for 5,000 hours. Record the depreciation entry for May:

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In January of this year, Amazon bought a machine for $220,000. The machine has a useful life of 10 y...