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2. On January 1, 20X1, Cayler Corp. purchases for $151,500 a machine with an estimated useful life of 3 years and a salvage value of

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2. On January 1, 20X1, Cayler Corp. purchases for $151,500 a machine with an estimated useful life of 3 years and a salvage value of $4,500. Cayler uses straight-line depreciation. Complete the table below. Year- beginning Depreciation Accumulated Year-end Year book value expense depreciation book value 20X1 20X2 20 X3

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