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i need know the straight line depreciation? ! 1 Part 1 of 3 Required information [The following information applies to the questions displayed below) On
i need know the straight line depreciation?
! 1 Part 1 of 3 Required information [The following information applies to the questions displayed below) On January 1, 2021, the Allegheny Corporation purchased equipment for $115,000. The estimated service life of the equipment is 10 years and the estimated residual value is $5,000. The equipment is expected to produce 220,000 units during its life. Required: Calculate depreciation for 2021 and 2022 using each of the following methods. points eBook 1. Straight-line. Straight-Line Depreciation Choose Denominator: Choose Numerator: = Annual Depreciation Expense = Depreciation Expense Formula Amounts 0 Depreciation Expense 2021 2022 Step by Step Solution
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