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help me with the missing blanks and show the work please Required information The following information applies to the questions displayed below.) Quick Copy purchased
help me with the missing blanks and show the work please
Required information The following information applies to the questions displayed below.) Quick Copy purchased a new copy machine. The new machine cost $106,000 including installation. The company estimates the equipment will have a residual value of $26,500. Quick Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: 2. Prepare a depreciation schedule for four years using the double-declining-balance method. (Hint: The asset will be depreciated in only two years.) (Do not round your intermediate calculations.) Step by Step Solution
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