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Layton Company purchased tool sharpening equipment on October 1for $62,370. The equipment was expected to have a useful life of 3years or 7,560 operating hours,
Layton Company purchased tool sharpening equipment on October 1for $62,370. The equipment was expected to have a useful life of 3years or 7,560 operating hours, and a residual value of $1,890. Thee 2 answers
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