A Machine with a Cost of $120,000 Has an Estimated

question 146

Multiple Choice

A machine with a cost of $120,000 has an estimated residual value of $15,000 and an estimated life of 5 years or 15,000 hours. It is to be depreciated by the units-of-production method. What is the amount of depreciation for the second full year, during which the machine was used 5,000 hours?

• A) $ 5,000
• B) $35,000
• C) $21,000
• D) $45,000

Comprehend the core principles and change mechanisms in narrative therapy.

Recognize the emphasis and unique approach of solution-focused therapy towards individual client's problems and solutions.

Identify the goal-setting process and its importance in solution-focused therapy.

Distinguish between the focuses of solution-focused and narrative therapies.

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Definitions:

Preference

A prior or special right or privilege, especially in the context of decision-making or the allocation of resources.

Liquidation

The process of converting assets into cash or other forms of payment to settle debts with creditors during the closure of a business.

Stockholders

Individuals or entities that own shares in a corporation, giving them ownership interests.

Corporation

A legal entity that is separate from its owners, providing limited liability protection, and having the capacity to own assets, incur liabilities, and sell stock.