Business Finance
Accounting question 1

Question Description

i am stuck on the last part of this ?.  part b 2014. here is a pic of the problem

http://imgur.com/xI4DN4W

please include all work/how u got the answer

thanks in advance

Final Answer

Cost=42,000

Salvage value=6,000

Expected production=2,000,000

2014 production(actual)=240,000

Depreciation expense = ((cost - salvage value)/Expected production)*2014 production

Depreciation expense=((42,000-6,000)/2,000,000)*240,000

Depreciation expense= 4320

Total depreciation=9900+8640+6840+7020+4320=36,720

University of Maryland

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