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Marigold Company purchased a new plant asset on April 1 , 2 0 2 5 , at a cost of $ 7 2 4 ,

Marigold Company purchased a new plant asset on April 1,2025, at a cost of $724,000. It was estimated to have a service life
of 20 years and a salvage value of $60,400. Marigold' accounting period is the calendar year.
(a)
Compute the depreciation for this asset for 2025 and 2026 using the sum-of-the-years'-digits method. (Do not round
intermediate calculations. Round final answers to O decimal places, e.g.45,892.)
Depreciation for 2025
$
Depreciation for 2026
$

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