Alpharetta manufacturing acquired a new production machine

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Alpharetta Manufacturing acquired a new production machine on January 3, 2006. The total cost of the machine was $69,300.Alpharetta estimated that the machinery would be used for 53,900 hours before being sold for an estimated $1,925 salvage. Alpharetta uses the units-of-production method of depreciation. Assuming the machine was used for 7,900 hours during 2006, 9,150 hours during 2007 and 17,400 hours during 2008, the carrying value of the new machine on January 2, 2009 would be?

Reference no: EM13593114

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