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Acquisition cost, thank you! On January 3,2024 , Blossom Co. purchased machinery. The machinery has an estimated useful life of eight years and an estimated
Acquisition cost, thank you!
On January 3,2024 , Blossom Co. purchased machinery. The machinery has an estimated useful life of eight years and an estimated salvage value of $122000. The depreciation applicable to this machinery was $262000 for 2026 , computed by the sum-of-the-years'digits method. The acquisition cost of the machinery was $1572000.$1464000.$1694000.$1889200. On January 3,2024 , Blossom Co. purchased machinery. The machinery has an estimated useful life of eight years and an estimated salvage value of $122000. The depreciation applicable to this machinery was $262000 for 2026 , computed by the sum-of-the-years'digits method. The acquisition cost of the machinery was $1572000.$1464000.$1694000.$1889200Step by Step Solution
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