Morgana Film Productions Inc. purchased a copier on Jan 1, 2011 for $11,900 with a residual value of $1500.Useful life is 5 years or 100,000 copies Copies produced in 2011: 16000 copies; in 2012: 17,000 copies Using the Straight Line Method, calculate: a) The Depreciation Expense in 2011 & 2012$ in 2011$ in 2012b) Accumulated depreciation at the end of 2012 $c) Book value at the end of 2012$
Morgana Film Productions Inc. purchased a copier on Jan 1, 2011 for $11,900 with a residual value of $1500. Useful life is 5 years or 100,000 copies
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