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D On January 1, 2018, Trenton Corp. purchased drilling equipment for $160,000 cash. The equipment has an estimated service life of five years and estimated
D On January 1, 2018, Trenton Corp. purchased drilling equipment for $160,000 cash. The equipment has an estimated service life of five years and estimated residual value of $10,000. Question 1 1 Using the information above, the carrying value reported on December 31, 2020 using the SOYD method would be? (use whole dollars with no dollar sign but with commas) Question 2 1 pts Using the information above, the amount of depreciation expense recorded in 2020 using the SOYD method would be? (use whole dollars with no dollar sign but with commas) D Question 3 1 pts Using the information above, the amount of depreciation expense recorded in 2020 using the DDB method would be? (use whole dollars with no dollar sign but with commas)
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