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Marigold Company purchased equipment for $34200 on January 1, 2022. The company expects to use the equipment for 3 years. It has no salvage value.

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Marigold Company purchased equipment for $34200 on January 1, 2022. The company expects to use the equipment for 3 years. It has no salvage value. The compary records an even amount of depreciation each month over the assets life. Monthly depreciation expense on the asset is $34200.$11400.$950.$0

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