A Machine with a Cost of $480000 Has an Estimated

question 290

Multiple Choice

A machine with a cost of $480000 has an estimated salvage value of $30000 and an estimated useful life of 5 years or 15000 hours. It is to be depreciated using the units-of-activity method of depreciation. What is the amount of depreciation for the second full year during which the machine was used 5000 hours?

• A) $150000
• B) $90000
• C) $130000
• D) $160000

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Definitions:

Hodgkin Disease

A type of lymphoma, which is a cancer originating from lymphocytes, characterized by the presence of Reed-Sternberg cells.

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.

Meaning

The inherent or intended significance, definition, or explanation of a word, phrase, or symbol.

Adenocarcinoma

A type of cancer that forms in mucus-secreting glands throughout the body, often found in the lung, prostate, pancreas, and colon.