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Bridgeport Corporation purchased machinery on January 1, 2017, at a cost of $ 260,000. The estimated useful life of the machinery is 4 years, with

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Bridgeport Corporation purchased machinery on January 1, 2017, at a cost of $ 260,000. The estimated useful life of the machinery is 4 years, with an estimated salvage value at the end of that period of $28,000. The company is considering different depreciation methods that could be used for financial reporting purposes

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