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** NEED HELP WITH THIS ASAP PLEASE** Please explain how you got the answers. The table below contains data on depreciation for machinery. Required: Fill
** NEED HELP WITH THIS ASAP PLEASE**
Please explain how you got the answers.
The table below contains data on depreciation for machinery. Required: Fill in the missing data in the table.
The table below contains data on depreciation for machinery. Required: Fill in the missing data in the table. Acquisition date 01/01/2019 01/01/2019 06/30/2019 Cost $ 250,000 $ 320,000 $ 120,000 $ $ Accumulated depreciation, 12/31/2021 Depreciation, 2020 Depreciation, 2021 Book value, 12/31/2020 40,000 32,000 160,000 $ 90,000 70,000 $ $ $ 240,000 $ 180,000 Book value, 12/31/2021 5 Estimated service life Estimated salvage value Depreciation method 0 0 $ 20,000 Straight-line
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