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1. The company bought a machine for TL 10,000 on January 1st, 2018. The useful life of the machine was 5 years. At the
1. The company bought a machine for TL 10,000 on January 1st, 2018. The useful life of the machine was 5 years. At the end of 2020, the company realized that the production level was very low that year because of the Covid-19 Pandemic, and the useful life of the machine had changed. The company estimated that the remaining useful life for the machine was 4 years, starting with the 2020 financial statements. The company is using the straight-line depreciation method. Find the depreciation amounts for the relevant years. (25 points) Answer: Date Depreciation Amount December 31, 2018 December 31, 2019 December 31, 2020 December 31, 2021 December 31, 2022 December 31, 2023 Explanation
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