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a) compute the amount at which the scale should be recorded as an asset b)compute the depreciation expense for 2021 using the starght line depreciation
a) compute the amount at which the scale should be recorded as an asset
Harry Company, a calendar-year corporation, purchased a new scale for $165,000 on April 1, 2021. Additional costs of the scale included, freight-in of $5,800, and installation costs of $5,100. The scale has a useful life of 5 years with no salvage value. (, Please provide the calculation process) b)compute the depreciation expense for 2021 using the starght line depreciation method
c)compute the depreciation expense for 2022 using the staright line depreciation method
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