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China dragon purchased new restaurant equipment on September 1, 2018, for 9,000. Residual value at the end of an estimated 4 year service life is
China dragon purchased new restaurant equipment on September 1, 2018, for 9,000. Residual value at the end of an estimated 4 year service life is expected to be 2,300. Calculate depreciation expense using the straight-line method for 2018 and 2019, assuming a December 31 year end. (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar.)
Year | Depreciation Expense |
2018 | $ |
2019 | $ |
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