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On January 1 2010 the good ale beer corporation purchased equipment at a cost of $130,000. It was expected to have a useful life of
On January 1 2010 the good ale beer corporation purchased equipment at a cost of $130,000. It was expected to have a useful life of eight years and no savage value. The straight line depreciation method was used. In January 2012 the estimate is salvage value was revised for $0 to 8400. How much depreciation should good ale beer corporation record 2012
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