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On march 28, foster company purchased equipment costing $72,200. The equipment has on estimated salvage value o $7,290 and an estimated useful life of 6

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On march 28, foster company purchased equipment costing $72,200. The equipment has on estimated salvage value o $7,290 and an estimated useful life of 6 years. Foster company calculates depreciation to the nearest month compute the depreciation expense for the first two years using the double-declining-balance method

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