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176. A company's property records revealed the following information about one of its plant asst Salvage Purchase Estimated Depreciation Cost ValueDate Life $30,000 10/01 7

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176. A company's property records revealed the following information about one of its plant asst Salvage Purchase Estimated Depreciation Cost ValueDate Life $30,000 10/01 7 years Straight-line Method Calculate the depreciation expense for the asset in Year 1 and Year 2 for the year ended De 31 Year 1 Year 2

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