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

question 81

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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 2014 if the company uses straight-line depreciation?


Definitions:

Pulse Oximetry

A non-invasive method to measure the oxygen saturation level of the blood, typically using a sensor placed on a thin part of the patient's body.

Supplemental Oxygen

The provision of additional oxygen to individuals who are not getting enough oxygen on their own, often used in medical treatments to support patients with respiratory conditions.

Phototherapy

A treatment that involves the use of light to reduce jaundice in newborns or treat certain skin conditions.

Reposition

The act of placing or arranging someone or something in a new or different position.

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