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A paper shredder purchased by Value Choice Electronics is expected to last 5 years. The purchase price was $3,943. Shipping costs were $150 and initial
A paper shredder purchased by Value Choice Electronics is expected to last 5 years. The purchase price was $3,943. Shipping costs were $150 and initial setup charges were $157. The trade-in value is $395. Prepare a depreciation schedule using the sum-of-the-year's method, then enter the accumulated depreciation at the end of year 4 as your answer.
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