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A schedule of machinery owned by Sheridan Company is presented below: Estimated Estimated Machine X Machine Y Machine Z Total Cost $620000 750000 380000 $46000

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A schedule of machinery owned by Sheridan Company is presented below: Estimated Estimated Machine X Machine Y Machine Z Total Cost $620000 750000 380000 $46000 62000 86000 14 10 Sheridan computes depreciation by the composite method The composite life (in years) for these assets is 9.8. o 15.4. 0 8.4. 8.7

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