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6) On January 1, 2011, Fred McGriff Company bought office computers that cost $43,000, with an estimated useful life of 10 years and an estimated
6) On January 1, 2011, Fred McGriff Company bought office computers that cost $43,000, with an estimated useful life of 10 years and an estimated salvage value of $3,000. The company uses the straight-line method of depreciation and has a calendar yearend. What would McGriff Company report for depreciation for the year ending 2014 and accumulated depreciation for the year ending 2014. Show all work. ( 5 points)
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