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

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The Answer of 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

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