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On July 1 , 2 0 2 1 , Marvel Corporation purchased factory equipment for $ 6 8 , 0 0 0 . Residual value
On July Marvel Corporation purchased factory equipment for $ Residual value was estimated at $ The equipment will be depreciated over years using doubledeclining balance method. Counting the year of acquisition as onehalf year, Marvel should record how much for depreciation expense for
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