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Instructions: Assume that Manufactures, Inc. later buys machinery for manufacturing in one of their old facilities. The machinery costed $200,000 and they estimate a
Instructions: Assume that Manufactures, Inc. later buys machinery for manufacturing in one of their old facilities. The machinery costed $200,000 and they estimate a residual value of $20,000. The senior accountant estimates a useful life for the equipment of 5 years or 5,000 hours. Help the senior accountant calculate and fill in the depreciation schedule for each yearr if they use the straight-line method. Beginning book value Depreciation expense Accumulated. depreciation Ending book value Year 1 2 $ 3 S 4 $ 5 $
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