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A Kubota tractor acquired on January 8 at a cost of $ 2 8 8 , 0 0 0 has an estimated useful life of
A Kubota tractor acquired on January at a cost of $ has an estimated useful life of years. Assuming that it will have no residual value.
a Determine the depreciation for each of the first two years by the straightline method.
First Year
Second Year
s $
First Year
Second Year
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