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depreciation to the nearest whole month 12. Century Landscaping purchased a new piece of equipment for the business on March 1,2021 for $25,000. The estimated
depreciation to the nearest whole month
12. Century Landscaping purchased a new piece of equipment for the business on March 1,2021 for $25,000. The estimated useful life of the asset was 5 years, or 500,000kms. Estimated residual value was $5,000. The car was driven 120,000 kms in 2021 and 150,000 in 2022. Century's year end is December 31. b. Assuming Century Landscaping calculates depreciation to the nearest whole month, determine depreciation for 2021 and 2022 using: i. Straight-line ii. Units-of-production iii. Double-declining balanceStep by Step Solution
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