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Bramble Company purchased a piece of equipment at the beginning of 2014. The equipment cost $348,840. It has an estimated service life of 8 years
Bramble Company purchased a piece of equipment at the beginning of 2014. The equipment cost $348,840. It has an estimated service life of 8 years and an expected salvage value of $70,920. The sum-of-the-years'-digits method of depreciation is being used. Someone has already correctly prepared a depreciation schedule for this asset. This schedule shows that $38,600 will be depreciated for a particular calendar year.
Determine for what particular year the depreciation amount for this asset will be $38,600.
Year of depreciation
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