A. its a tailpor made for each job
Answer:
$49,000
Explanation:
Donna's net worth is the total value of her assets minus the total value of her liabilities.
Donna's total assets = $142,000 + $1,000 = $143,000
Donna's total liabilities = $63,000 + $18,000 + $13,000 = $94,000
Donna's net worth = $143,000 - $94,000 = $49,000
Answer:
$3,340
Explanation:
Step 1 : Determine the Depreciation rate
<em>Depreciation rate = Cost - Salvage Value ÷ Estimated Units</em>
Depreciation rate = $0.10
Step 2 : Depreciation Expense
<em>Depreciation Expense = Depreciation rate x units produced</em>
Depreciation Expense = $3,340
Therefore,
the machine's second-year depreciation using the units-of-production method is $3,340
