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bluerose501 bluerose501
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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 book value at the end of the first year.
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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kimtrankimtran
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