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Depreciation In early 2019, Sosa Enterprises purchased a new machine for $10,400 to make cork stoppers for wine bottles. The machine has a 3-year recovery
Depreciation In early 2019, Sosa Enterprises purchased a new machine for $10,400 to make cork stoppers for wine bottles. The machine has a 3-year recovery period and is expected to have a salvage value of $2,060. Develop a depreciation schedule for this asset using the MACRS depreciation percentages in the table Complete the depreciation schedule for the asset below: Round the percentage to the nearest integer and the depreciation to the nearest dollar.) Depreciation Schedule Cost Percentage Depreciation Year $10,400 Round the percentage to the nearest integer and the depreciation to the nearest dollar.) Depreciation Schedule Cost Percentage Depreciation Year $10,400 Round the percentage to the nearest integer and the depreciation to the nearest dollar.) Depreciation Schedule Cost Percentage Depreciation Year 1% $10,400 Depreciation In early 2019, Sosa Enterprises purchased a new machine for $10,400 to make cork stoppers for wine bottles. The machine has a 3-year recovery period and is expected to have a salvage value of $2,060. Develop a depreciation schedule for this asset using the MACRS depreciation percentages in the table Complete the depreciation schedule for the asset below: Round the percentage to the nearest integer and the depreciation to the nearest dollar.) Depreciation Schedule Cost Percentage Depreciation Year $10,400 Round the percentage to the nearest integer and the depreciation to the nearest dollar.) Depreciation Schedule Cost Percentage Depreciation Year $10,400 Round the percentage to the nearest integer and the depreciation to the nearest dollar.) Depreciation Schedule Cost Percentage Depreciation Year 1% $10,400
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