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On January 1 , 2 0 1 1 , Munoz Co . purchased machinery. The machinery has an estimated useful life of eight years and
On January Munoz Co purchased machinery. The machinery has an estimated useful life of eight years and an estimated salvage value of $ The depreciation applicable to this machinery was $ for computed by the sumoftheyears'digits method. The acquisition cost of the machinery was
rounding hint: if you convert a fraction to a decimal, don't round it when going forward to use it in any calculations. For example, if leave all those decimals in your calculator when going on to do any further calculations.
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