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In: Accounting

On January 5, 2018 Calvin's Cropcrushers, Inc. purchased crop crushing equipment for which the following information...

On January 5, 2018 Calvin's Cropcrushers, Inc. purchased crop
crushing equipment for which the following information is available:
Original cost.................. $3,800,000
Estimated residual value....... $200,000
Useful life in years........... 10 years
Useful life expressed in operating hours 20,000 hours
14 The accumulated depreciation at December 31, 2019 (end of
second year) if sum of the years digits is used
15 The book value of the equipment on December 31, 2019
assuming sum of the years digits is used.
16 The first year depreciation if units of output is used and the equip. is
operated for 2900 hours in 2018.

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