A factory machine acquired at a cost of $93,600 was to be depreciated by the sum-of-the-years-digits method
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A factory machine acquired at a cost of $93,600 was to be depreciated by the sum-of-the-years’-digits method over an estimated life of eight years. Residual salvage value was estimated to be $1,600. State the amount of depreciation dur¬
ing the first year and during the eighth year.
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Related Book For 
Accounting The Basis For Business Decisions
ISBN: 9780070415515
5th Edition
Authors: Robert F. Meigs, Walter B Meigs
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