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Exercise 1 1 - 3 ( Algo ) Depreciation methods; partial periods [ LO 1 1 - 2 ] [ The following information applies to

Exercise 11-3(Algo) Depreciation methods; partial periods [LO11-2]
[The following information applies to the questions displayed below.]
On October 1,2024, the Allegheny Corporation purchased equipment for $203,000. The estimated service life of the
equipment is 10 years and the estimated residual value is $5,000. The equipment is expected to produce 300,000 units
during its life.
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