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On January 1,2019, Sunland Company purchased and installed a telephone system at a cost of ( $ 35,000 ). The equipment was expected to last

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On January 1,2019, Sunland Company purchased and installed a telephone system at a cost of \\( \\$ 35,000 \\). The equipment was expected to last five years with a salvage value of \\( \\$ 3,900 \\), On January 1, 2020, more telephone equipment war purchased to tie in with the current system for 522,000 . The new equipment is expected to have a useful life of four vears and no saivage value. Through an error, Prepare a schedule shawine the effects of the error on Ueilities Expense, Depreciation Expene, and Net incomic for oach year and in

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