Respuesta :
Answer:
Value at the end of year 3 = $45,000
Explanation:
Here provided, depreciation will be based on the useful life that is machine hours. Total expected machine hours = 24,000
Value to be Depreciated = $192,000 - $24,000 = $168,000
Thus depreciation for each hour = $168,000/24,000 = $7 per hour
Depreciation for year 1 = $7 [tex]\times[/tex] 6,000 hours = $42,000
Value at year end = $192,000 - $42,000 = $150,000
Depreciation for year 2 = $7 [tex]\times[/tex] 7,000 hours = $49,000
Value at year end = $150,000 - $49,000 = $101,000
Depreciation for year 3 = $7 [tex]\times[/tex] 8,000 hours = $56,000
Value at year end = $101,000 - $56,000 = $45,000
Assumed: Here that the student wants to know the value at the end of year 3.
