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On january 1 2013 zane manufacturing company purchased a

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On January 1, 2013, Zane Manufacturing Company purchased a machine for $40,000. The company expects to use the machine a total of 24,000 hours over the next 6 years. The estimated sales price of the machine at the end of 6 years is $4,000. The company used the machine 8,000 hours in 2013 and 12,000 in 2014. What is the depreciation expense for 2014 if the company uses units-of-production depreciation?

Reference no: EM13607586

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