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Calculate the amount of depreciation to report during the year ended December 3 1 for equipment that was purchased at a cost of $ 6
Calculate the amount of depreciation to report during the year ended December for equipment that was purchased at a cost of $ on October The equipment has an estimated residual value of $ and an estimated useful life of five years or hours.
Required:
Assume the equipment was used for hours from October to December and the company uses a straightline, b doubledecliningbalance, or c unitsofproduction depreciation. Do not round intermediate calculations.
tablea StraightLine,Depreciationb DoubleDecliningBalance,c UnitsofProduction,
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