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Depreciation Calculation - Coca-Cola Company Coca-Cola Company purchased new bottling machinery for $80,000 on January 1, 2022. The machinery has an estimated useful life of

Depreciation Calculation - Coca-Cola Company

Coca-Cola Company purchased new bottling machinery for $80,000 on January 1, 2022. The machinery has an estimated useful life of 6 years and a salvage value of $8,000. They use the straight-line method for depreciation.

Calculate the annual depreciation expense for the years 2022, 2023, and 2024 for Coca-Cola Company.

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