• 2022-06-06
    A company uses the machine hours method to depreciate the machinery in its factory. A machine that cost $120,000 has an estimated residual value of $30,000 at the end of its four-year useful operating life. Usage over the four years is expected to be:What is the depreciation charge for the machine in Year 3?
    A: $23,333
    B: $31,111
    C: $38,889
    D: $76,667