Business
Business, 19.10.2021 14:00, leshayk91

Cheetah Copy purchased a new copy machine. The new machine cost $100,000 including installation. The company estimates the equipment will have a residual value of $25,000. Cheetah Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: Year Hours Used 1 3,000 2 2,000 3 1,200 4 2,800 Problem 7-5B Part 3 3. Prepare a depreciation schedule for four years using the activity-based method.

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Cheetah Copy purchased a new copy machine. The new machine cost $100,000 including installation. The...

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