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Depreciation Classwork/Homework (con't) 5. On January 1, 20X1, Apogee Corp. purchases for $101,700 a machine that Apogee estimates has a useful life of 3 years

Depreciation Classwork/Homework (con't)

5. On January 1, 20X1, Apogee Corp. purchases for $101,700 a machine that Apogee estimates has a useful life of 3 years and a salvage value of $4,500. Apogee uses SYD depreciation. Complete the table below.

Year-beginning

Depreciation

Accumulated

Year-end

Year

book value

expense

depreciation

book value

20X1

20X2

20X3

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