A Factory Machine Was Purchased for $375,000 on January 1

question 112

Multiple Choice

A factory machine was purchased for $375,000 on January 1, 2015. It was estimated that it would have a $75,000 salvage value at the end of its 5-year useful life. It was also estimated that the machine would be run 40,000 hours in the 5 years. The company ran the machine for 4,000 actual hours in 2015. If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2015 would be

• A)$37,500.
• B)$60,000.
• C)$75,000.
• D)$30,000.

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Definitions:

Lateral Nucleus

Often refers to a specific part within various brain structures involved in the processing of sensory inputs or coordination of movement, its exact role depends on the specific context.

Visual Cortex

The part of the brain responsible for processing visual information received from the eyes.

Neurons

Specialized cells in the nervous system that transmit information through electrical and chemical signals.

Information Processors

Information processors refer to systems or devices, including the human brain, that receive, handle, and output data or information based on specific algorithms or operations.