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Company A purchases equipment for $80,000. The equipment has a useful life of 5 years and a salvage value of $10,000. Calculate the yearly depreciation
ยท Company A purchases equipment for $80,000. The equipment has a useful life of 5 years and a salvage value of $10,000. Calculate the yearly depreciation expense using the units of production method if the equipment is expected to produce 100,000 units over its useful life, and 20,000 units are produced in the first year.
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