申論題

四、Marlow Company purchased equipment on January 1，2013 for $90,000. It is estimated that the equipment will have a $5,000 residual value at the end of its 5-year useful life It is also estimated that the equipment will produce 100,000 units over its 5-year life Instructions Answer the following independent questions.

2. If 16,000 units of product are produced in 2013 and 24,000 units are produced in 2014, what is the book value of the equipment at December 31, 2014? The company uses the units-of-activity depreciation metho(D) (5%)