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On November 1 2016 Precision Machinery purchased equipment for $88 000 The equipment is expected to last 5 years and will have no residual value

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On November 1 2016 Precision Machinery purchased equipment for $88 000 The equipment is expected to last 5 years and will have no residual value Precision Machinery has a December 31 year end Required Prepare the table below showing the yearly depredation accumulated depreciation and net book value of the equipment

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