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1. On January 1, 20X1, Apogee Corp. purchases for $101,700 a machine with an estimated useful life of 3 years and a residual value of
1. On January 1, 20X1, Apogee Corp. purchases for $101,700 a machine with an estimated useful life of 3 years and a residual value of $4,500. Apogee uses straight-line depreciation. Complete the table below. Year- beginning Depreciation Accumulated Year-end Year book value expense depreciation book value 20X1 20X2 20X3
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Financial Accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
8th edition
978-1118953907, 9781118953808, 1118953908, 1118953800, 978-1119491057
