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Business mathematics chapter 17 9. Mason Industries purchased a drilling rig for $75,900. Delivery costs totaled $2,880. EXCEL2 The useful life is 7 years and

Business mathematics chapter 17

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9. Mason Industries purchased a drilling rig for $75,900. Delivery costs totaled $2,880. EXCEL2 The useful life is 7 years and the salvage value is $12,903. Prepare a depreciation schedule using the straight-line method. Mason Industries Depreciation Schedule-Drilling Rig End of Annual Accumulated Book Year Depreciation Depreciation Value $78,780 (new) $9,411 9.411 9,411 JaUAWNE 9,411 9.411 9.411 9,411

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