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Blue Company purchased machinery on January 1,2025 , for $97,600. The machinery is estimated to have a salvage value of $9,760 after a useful life

Blue Company purchased machinery on January 1,2025 , for $97,600. The machinery is estimated to have a salvage value of $9,760 after a useful life of 8 years. (a) Compute 2025 depreciation expense using the sum-of-the-years-digits method. Depreciation expense

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