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On January 1,2018,McHenry Manufacturing Company Purchased a Machine for $40,400,000

question 185

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On January 1,2018,McHenry Manufacturing Company purchased a machine for $40,400,000.McHenry's management expects to use the machine for 34,000 hours over the next six years.The estimated residual value of the machine at the end of the sixth year is $50,000.The machine was used for 4600 hours in 2018 and 6000 hours in 2019.Calculate the book value of the machine at the end of 2019 if the company uses the units-of-production method of depreciation.(Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar.)


Definitions:

Leader Reward Behaviour

A leadership approach that involves the use of positive reinforcement to encourage desirable behaviors in followers.

Role Ambiguity

The uncertainty and lack of clarity about what one's role is within an organization, including responsibilities, expectations, and boundaries.

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The tendency to view situations, actions, or conditions in a favorable light.

Contingency Variable

A variable that modifies the relationship between two other variables under certain conditions or situations.

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