L louna New member Jul 13, 2009 #1 Jay Corp. bought a machine for $15,000. The machine is expected to produce 10,000units. The machine has a residual value of $5,000. Assuming the machine produces 400 units during Year 1, what should the depreciation expense be?
Jay Corp. bought a machine for $15,000. The machine is expected to produce 10,000units. The machine has a residual value of $5,000. Assuming the machine produces 400 units during Year 1, what should the depreciation expense be?