A copy machine acquired with a cost of $1,410 has an estimated useful life of 4 years. It is also expected to have a useful operating life of 13,350 copies. Assuming that it will have a residual value of $75, determine the depreciation for the first year by the (a) straight-line method
(b) double-declining-balance method
(c) units-of-output method (4,500 copies were made the first year)

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The Answer of A copy machine acquired with a cost of $1,410 has an estimated useful life of 4 years. It is also expected to have a useful operating life of 13,350 copies. Assuming that it will have a residual value of $75, determine the depreciation for the first year by the (a) straight-line method
(b) double-declining-balance method
(c) units-of-output method (4,500 copies were made the first year)

A Copy Machine Acquired with a Cost of $1,410 Has