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Chi At the beginning of the year, Grillo Industries bought three used machines from Freeman Incorporated. The machines immedias were overhauled, were installed, and started
Chi At the beginning of the year, Grillo Industries bought three used machines from Freeman Incorporated. The machines immedias were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in accounts Machine A 59.000 Cost of the asset Installation costs Renovation costs prior to use Repairs after production began $16,200 2.100 1,700 Hachine $22.000 1,200 2,200 500 By the end of the first year, each machine had been operating 8.000 hours Required: 1. Compute the cost of each machine 2. Prepare the journal entry to record depreciation expense at the end of yeart assuming the following Ay Strait Next > SAMSUNG G M L K 1 8 N . Alt Cr Check my w 10 years Double-declinin balance Complete this question by entering your answers in the tabs below. Compute the sech Ooste Rooded 2) Next > D P & Ft AMSUNG V N M
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