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On January 2, Thompson purchased equipment costing $24, 600. The equipment has an estimated salvage value of $1.605 and an life of 6 Required: Compute

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On January 2, Thompson purchased equipment costing $24, 600. The equipment has an estimated salvage value of $1.605 and an life of 6 Required: Compute the depreciation expense for each of the first two years, using the sum of the years -digits method

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