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On Janwary 1, 2021, Henry Manufacturing Corporation purchased a machine for $60,000, Henry's management expects to use the machine for 30,000 hours over the next six years. The estimated residual value of the machine at the end of the sixth year is $0. The machine was esed for 5,000 hours in 2021 and 6,000 hours in 2022 . Calculate the depreciation of the machine for 2022 if the company uses the units-of-production method of depreciation. 312.000 $3000 $10,000 $5,000 Question 17 Mitchen Co purchased and placed in service a truck on lanuary 1,2018 . The cost of the truck was $30000. Mitchen sells the truck in 2022 for $6,000 cash. After updating depreciation expense on the date of sale, the balance in the accumulated depeciation account is a credt of $28.000. The journal entry would include: adebin te the ather acceunt Trik $30.000 s crest to Can on Drpotal 34,000 a detet to lows on 6epessi 34,000