Voice Genesis, Inc.
Voice Genesis, Inc. uses the units-of-production method of depreciation. Electronic equipment costing $82,300 has 60,000 estimated hours of operation and an estimated scrap value of $2,500. It operated 20,000 hours in the first year.
-Refer to Voice Genesis, Inc. Compute the book value at the end of the first year.
Correct Answer:
Verified
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