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Boscan Corporation purchased machinery on January 1 , 2 0 2 4 , at a cost $ 8 5 , 0 0 0 . The

Boscan Corporation purchased machinery on January 1,2024, at a cost $85,000. The estimated useful life of the machinery is 5 years, with an estimated residual value at the end of that period of
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\table[[Year,Calculation,\table[[Depreciation],[Expense]],\table[[Accumulated],[Depreciation]],Book Value],[1,(85,000-10,000)20%,15,000,15,000,85,000-15,000=70,00
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