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Carla Vista Co. purchased machinery with a list price of $114000. They were given a 9% discount by the manufacturer. They paid $700 for shipping
Carla Vista Co. purchased machinery with a list price of $114000. They were given a 9% discount by the manufacturer. They paid $700 for shipping and sales tax of $4900. Carla Vista estimates that the machinery will have a useful life of 10 years and a residual value of $30000. If Carla Vista uses straight-line depreciation, annual depreciation will be
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