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Carpenter theatre purchased a new projector costing 44,000 on Jan 1 2014 because of the changing technology the projector is estimated to last 5 years
Carpenter theatre purchased a new projector costing 44,000 on Jan 1 2014 because of the changing technology the projector is estimated to last 5 years after it will be obsolete and have a salvage value of 4,000 as a collector item. compute the depreciation expense and ending book value for the fifth year using
the straight line method and double declinning balance method
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