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need the accumulated depreciation and book value using straight line depreciation for machine one Sheridan Machines reported the following information about two of its machines

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need the accumulated depreciation and book value using straight line depreciation for machine one

Sheridan Machines reported the following information about two of its machines as of December 31, 2023. (a) Calculate the annual depreciation for each asset using the straight-line method. (b) Calculate the accumulated depreciation and book value of each asset on December 31, 2024. Machine 1 Accumulated depreciation $ Book value $

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