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Business, 02.12.2021 01:20 kayvontay4

on january 1, year 1, andrei’s design inc., purchased equipment for $60,000. residual value at the end of an estimated four-year service life is expected to be $10,000. the company expects the machine to operate for 20,000 hours. the machine operated for 3,600 and 4,000 hours in year 1 and year 2, respectively. the company uses the units-of-production method. for how much would each item below be reported at the end of year 2?

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on january 1, year 1, andrei’s design inc., purchased equipment for $60,000. residual value at the...
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