On May 1, 20X1, your company, which uses UOP depreciation, purchases a machine for $260,000....
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Accounting
On May 1, 20X1, your company, which uses UOP depreciation, purchases a machine for $260,000. You estimate the machine will have a useful life of 2,520,000 units and a residual value of $10,000. In 20X1, the machine produces 100,000 units; in 20X2, it produces 120,000 units. What is the balance in Accumulated Depreciation at the end of 20X2? $12,381 $22,698 $21,825 $11,905
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