On January 2, 2016, Alpha Company acquired a new machine by signing a 5 year note for $72,000. The estimated service life is eight years and the total units of output to be 200,000.
On January 2, 2016, Alpha Company acquired a new machine by signing a 5 year note for $72,000. The
estimated service life is eight years and the total units of output to be 200,000. The estimated residual value is $8,000. Using the straight-line method, how much is: (Enter only whole dollar values.)