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A machine that cost $453,200, with a four-year life and an estimated $44,000 residual value, was installed in Haley Companys factory on September 1, 2023.
A machine that cost $453,200, with a four-year life and an estimated $44,000 residual value, was installed in Haley Companys factory on September 1, 2023. The factory manager estimated that the machine would produce 465,000 units of product during its life. It actually produced the following units: 2023, 20,800; 2024, 128,300; 2025, 115,300; 2026, 108,100; and 2027, 102,000. The companys year-end is December 31
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