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ALT-SL-DEPRECIATION-SCHEDULE Granite Company purchased a machine with cost of $60,000 and salvage value of $5,000. The life of the machine was estimated to be 5
| ALT-SL-DEPRECIATION-SCHEDULE | ||||||
| Granite Company purchased a machine with cost of $60,000 and salvage value of $5,000. | ||||||
| The life of the machine was estimated to be 5 years. | ||||||
| Complete the depreciation schedule shown below. | ||||||
| DEPRECIABLE | SL | DEPRECIATION | ACCUM. | BOOK | ||
| YEAR | COST | RATE | EXPENSE | DEPRECIATION | VALUE | |
| 1 | ||||||
| 2 | ||||||
| 3 | ||||||
| 4 | ||||||
| 5 | ||||||
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1st Edition
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