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4. A sewing machine in a textile factory was purchased for $ 223,000, has an estimated residual of $ 22,000 and a useful life of
4. A sewing machine in a textile factory was purchased for $ 223,000, has an estimated residual of $ 22,000 and a useful life of 38,000 hours.It was used in the year for 4,200 hours.
a.Calculates depreciation for the year using the unit produced depreciation method, depreciable cost, and depreciation rate.
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