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Equipment with a cost of $160000 has an estimated residual value of $10000 and an estimated life of 5 years or 12000 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year - during which the equipment was used 3 - 300 hours?

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Equipment with a cost of $160000 has an estimated residual value of $10000 and an estimated life of 5 years or 12000 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year - during which the equipment was used 3 - 300 hours?






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