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On January 5, 20X1, Williams Company purchased equipment for $447,000 that had an estimated useful life of four years or 214,000 units of product. The
On January 5, 20X1, Williams Company purchased equipment for $447,000 that had an estimated useful life of four years or 214,000 units of product. The estimated salvage value was $19,000. Actual production data for the first three years were 20X139,000 units; 20X255,000 units; and 20X345,000 units
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