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Bron Sodas Ltd. purchased bottling line equipment on January 1, 2020, for $332,960. It is expected to have a useful life of four years and
Bron Sodas Ltd. purchased bottling line equipment on January 1, 2020, for $332,960. It is expected to have a useful life of four years and a residual value of $38,000. The machine is expected to handle a total of 2,458,000 bottles during its life, distributed as follows: 694,000 in 2020, 752,000 in 2021, 536,000 in 2022, and 476,000 in 2023. The company has a December 31 year end. (a)
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