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

question 81

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 2014 if the company uses straight-line depreciation?

• A) $6,000
• B) $9,000
• C) $13,333
• D) $10,000

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Definitions:

Trait Approach

A theory in psychology that posits personality is comprised of broad, enduring patterns of behavior, thought, and emotion.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing their behaviors, thoughts, and feelings.

Behavioral/social Learning

A theory suggesting that behavior is learned through the observation of others and the outcomes of their actions.

Depressed Person

An individual suffering from depression, a psychological condition marked by persistent sadness, loss of interest, and a range of emotional and physical problems.