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helpp! Harrison Campany purchased a machine for $8.000 on January 1,2019 . The machine has been depreciated usng the straght-line method assuming at has a
helpp!
Harrison Campany purchased a machine for $8.000 on January 1,2019 . The machine has been depreciated usng the straght-line method assuming at has a fitteen-year ife with a s800 residual value. Harrison sold the machine on January 1, 2021, for $8,400. What is the book value of the machine on December 31,2020 ? A. $7,040 B. $514 C. $7,200 D. 58,000 Step by Step Solution
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