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Current Attempt in Progress On June 9, 2023, Blossom Company purchased manufacturing equipment at a cost of $345,000. Blossom estimated that the equipment will

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Current Attempt in Progress On June 9, 2023, Blossom Company purchased manufacturing equipment at a cost of $345,000. Blossom estimated that the equipment will produce 600,000 units over its 5-year useful life, and have a residual value of $15,000. The company has a December 31 fiscal year end and has a policy of recording a half year's depreciation in the year of acquisition. (a) * Your answer is incorrect. Calculate depreciation under the straight-line method for 2023 and 2024. Depreciation Expense 2023 $ 2024 $ eTextbook and Media 66000 69000

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