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A schedule of machinery owned by Sunland Company is presented below: Estimated Estimated Salvage Value Total Cost Life in Years Machine X $610000 $50000 14
A schedule of machinery owned by Sunland Company is presented below: Estimated Estimated Salvage Value Total Cost Life in Years Machine X $610000 $50000 14 Machine Y 850000 106000 10 Machine Z 390000 90000 6 Sunland computes depreciation by the composite method. The composite life (in years) for these assets is 8.2. 9.8. 6.5. 14.7
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