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on 9/01/2020 purchased equipment for $100,000 10% Salvage 10 year. Est USEFUL LIFE For 2020 and 2021 1). Calculate depreciation expenses 2) Account for depreciation

on 9/01/2020

purchased equipment for $100,000

10% Salvage

10 year. Est USEFUL LIFE For 2020 and 2021

1). Calculate depreciation expenses

2) Account for depreciation expense

3) Show Balance Sheet

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