Cactus company purchased a new machine on august 1, 2017. at that time, the original cost of the machine was recorded at $180,000 with an estimated salvage value of $20,000. total service hours expected for this machine is 100,000. during 2017, the machine was used for 825 hours. during 2018, the machine was used for 3,115 hours.

Instructions are listed below.

Explanation:

Giving the following information:

Cactus Company purchased a new machine on August 1, 2017. At that time, the original cost of the machine was recorded at $180,000 with an estimated salvage value of $20,000. Total service hours expected for this machine is 100,000. During 2017, the machine was used for 825 hours. During 2018, the machine was used for 3,115 hours.

Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced

Year 1= [(180,000 - 20,000)/100,000]*825= $1,320

Year 2= 1.6*3,115= $4,984

anjan should should report alteast 5000 on the first apyment and 10,000 each year

explanation:

answer; someone must cover the cost associated with the provision of scarce goods in both sectors;