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1 On January 2. 2010 York Industries purchased copier equipment for $100.000 York expects the equipment to last five years, or 1.000-000 copies with an

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1 On January 2. 2010 York Industries purchased copier equipment for $100.000 York expects the equipment to last five years, or 1.000-000 copies with an estinated residual value of 10,000 at the end of that tine. York's year end is December 31 The following copies vere made over the five years 010 100,000 2011 250,000 012 450,000 2013 150,000 014 50,000 a Prepare a depreciation schedule for the 5 year period using the double declining balance method. Show Table. b Prepare journal entry to record depreciation expense at the end of 2012 On January 3, 2015 York Industries sold the copler equipment to The old Accountant's Retirement Bome for $2,000 c Calculate the gain or loss on the sale 1 On January 2. 2010 York Industries purchased copier equipment for $100.000 York expects the equipment to last five years, or 1.000-000 copies with an estinated residual value of 10,000 at the end of that tine. York's year end is December 31 The following copies vere made over the five years 010 100,000 2011 250,000 012 450,000 2013 150,000 014 50,000 a Prepare a depreciation schedule for the 5 year period using the double declining balance method. Show Table. b Prepare journal entry to record depreciation expense at the end of 2012 On January 3, 2015 York Industries sold the copler equipment to The old Accountant's Retirement Bome for $2,000 c Calculate the gain or loss on the sale

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