On January 1,2013,Zane Manufacturing Company Purchased a Machine for $40,000

question 84

Multiple Choice

On January 1,2013,Zane Manufacturing Company purchased a machine for $40,000.The company expects to use the machine a total of 24,000 hours over the next 6 years.The estimated sales price of the machine at the end of 6 years is $4,000.The company used the machine 8,000 hours in 2013 and 12,000 in 2014.
- What is depreciation expense for 2013 if the company uses straight-line depreciation?

• A) $6,667
• B) $13,333
• C) $12,000
• D) $6,000

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Definitions:

Alanon

A support group for families and friends of alcoholics, providing a community where individuals can share experiences and find mutual support.

Alateen

A peer support group specifically designed for teenagers affected by someone else's alcoholism.

Surrender

The process of accepting reality and letting go of the fight against factors outside one’s control, often used in the context of recovery from addiction.

Confession

The act of admitting to or acknowledging something that one has done, which is often considered wrong or has been kept secret.