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make7upurs make7upurs
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Mendocino Gas and Storage

Mendocino Gas and Storage uses the units-of-production method of depreciation. A piece of equipment costing $112,500 has 360,000 estimated hours of operation and an estimated scrap value of $8,100. It operated 56,000 hours in the first year.


Refer to Mendocino Gas and Storage. Compute the depreciation expense for the first year.
Textbook 

Contemporary Business Mathematics for Colleges


Edition: 16th
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Aldrich E.Aldrich E
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