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On September 30, 2021, Bricker Enterprises purchased a machine for $218,000. The estimated service life is 10 years with a $30,000 residual value. Bricker records
On September 30, 2021, Bricker Enterprises purchased a machine for $218,000. The estimated service life is 10 years with a $30,000 residual value. Bricker records partial-year depreciation based on the number of months in service. Depreciation (to the nearest dollar) for 2021, using sum-of-the-years'-digits method, would be: (Do not round intermediate calculations.)
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