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Current Attempt in Progress Metlock Company purchased a new plant asset on April 1, 2025, at a cost of $742,000. It was estimated to

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Current Attempt in Progress Metlock Company purchased a new plant asset on April 1, 2025, at a cost of $742,000. It was estimated to have a service life of 20 years and a salvage value of $57,400 Metlock' accounting period is the calendar year. Compute the depreciation for this asset for 2025 and 2026 using the sum-of-the-years-digits method. (Do not round intermediate calculations. Round final answers to O decimal places, eg. 45,892.) Depreciation for 2025 Depreciation for 2026 $ eTextbook and Media

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