On January 4, 2017, Margaret's Cafe acquired equipment for $265,000. The estimated life of the equipment is 4 years or 42,500 hours. The estimated residual value is $10,000. What is the depreciation for 2017, if Margaret's Cafe uses the asset 14,300 hours and uses the units-of-production method of depreciation?

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The Answer of On January 4, 2017, Margaret's Cafe acquired equipment for $265,000. The estimated life of the equipment is 4 years or 42,500 hours. The estimated residual value is $10,000. What is the depreciation for 2017, if Margaret's Cafe uses the asset 14,300 hours and uses the units-of-production method of depreciation?

On January 4, 2017, Margaret's Cafe Acquired Equipment for $265,000