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On January 1. Year 1, MachX, Inc, paid $90,000 cash for a machine with an estimated useful life ol 5 years and a $10,000 salvage
On January 1. Year 1, MachX, Inc, paid $90,000 cash for a machine with an estimated useful life ol 5 years and a $10,000 salvage value in December Year 2 , the company decided that the entry for Year Z using straight-line deprecation given this change in estimate Assets A (24,666) Accumulated Depenciation Liabultios Q. (30.000) Accumulated Doprecitso ( Sharoholders' Equaty
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