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Compute 2020 depreciation expense using the sum-of-the years'-digits method, assuming the machinery was purchased on Aprit 1, 2020. (Round answer to 0 decimal ploces, es

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Compute 2020 depreciation expense using the sum-of-the years'-digits method, assuming the machinery was purchased on Aprit 1, 2020. (Round answer to 0 decimal ploces, es 5, 125.) Depreciation expense Concord Company purchased machinery on January 1,2020, for $84,000. The machinery is estimated to have a salvage value of $8,400 after a useful life of 8 years. Compute 2020 depreciation expense using the sum-of-the-year'-digits method. Depreciation expense $ eTextbook and Media Compute 2020 depreclation expense using the sum-of-the-years'-digits method, assuming the machinery was purchased on April 1,2020, (Round answer to 0 decimal places, e.8. 5,125.) Depreclation expense \$

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