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Morgana Film Productions Inc. purchased a copier on Jan 1, 2011 for $11,300 with a...

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Accounting

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Morgana Film Productions Inc. purchased a copier on Jan 1, 2011 for $11,300 with a residual value of $1400. Useful life is 5 years or 100,000 copies Copies produced in 2011: 14000 copies; in 2012: 12,000 copies Using the Straight Line Method, calculate: a) The Depreciation Expense in 2011 & 2012 in 2011 in 2012 b) Accumulated depreciation at the end of 2012 c) Book value at the end of 2012 Question Help: Message instructor Calculator Submit Question MacBook Pro

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