i am stuck on the following problem. here is a pic of the problem
use this following link as a guide on how to show all work/how u got the answers
thanks in advance
List price of equipment $17,700
Less cash discount ($17,700 * 3%) 531
Net price $17,169
Add Installation and Testing Charges 2,000
Cost of equipment $19,169
Less salvage value 3,900
Depreciable value $15,269
Useful life in units 800,000 units
Units produced during 2011 80,000 units
Depreciation expense for 2011 ($15,269/800,000 *80,000) $1,526.90
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