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A schedule of machinery owned by Sheridan Co. is presented below: Estimated Total Cost Estimated Salvage Value Life in Years Machine X $620000 $46000

A schedule of machinery owned by Sheridan Co. is presented below: Estimated Total Cost Estimated Salvage Value Life in Years Machine X $620000 $46000 14 Machine Y 750000 62000 10 Machine Z 380000 86000 9 Sheridan computes depreciation by the composite method. The composite life (in years) for these assets is

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