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On April 1, 2010, Stone%u2019s Backhoe Co. purchases a trencher for $320,000. The machine is expected to last four years and have a salvage value

On April 1, 2010, Stone%u2019s Backhoe Co. purchases a trencher for $320,000. The machine is expected to last four years and have a salvage value of $32,000.

Compute depreciation expense for both 2010 and 2011 assuming the company uses the straight-line method

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