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Marsh Inc. purchased machinery on May 31st, 2017 for $185,000. The salvage value is 10% of the purchase price. The company uses stright-line depreciation
Marsh Inc. purchased machinery on May 31st, 2017 for $185,000. The salvage value is 10% of the purchase price. The company uses stright-line depreciation and the number of useful lives is 3 years. Calculate the depreciation expense for years: 2017, 2018, 2019, 2020, and 2021
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