Folger Company installed a conveyor system that cost ($ 192,000). The system can be used only in
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Folger Company installed a conveyor system that cost \(\$ 192,000\). The system can be used only in the excavation of gravel at a particular site. Folger expects to excavate gravel at the site for 10 years. Over how many years should the conveyor be depreciated if its physical life is estimated at
(a) 8 years and
(b) 12 years?
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