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On April1, 2019, Georgetown Ltd, acquired an equipment at a cost of 570,000 , with an estimated residual kalue of 515,000 , and an estimated

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On April1, 2019, Georgetown Ltd, acquired an equipment at a cost of 570,000 , with an estimated residual kalue of 515,000 , and an estimated useful life of 300,000 miles, and was driven 77,000 miles during the year. Using the un to of activity method, determine the foliowing: (a) the depreciable cost. (b) the depreciation rate, and (c) the units-of-output depreciation for the year. (d) journalize the depreciation oxpense for the firgtyear

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