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On September 30, 2021, Bricker Enterprises purchased a machine for $207,000. The estimated service life is 10 years with a $25,000 residual value. Bricker records
On September 30, 2021, Bricker Enterprises purchased a machine for $207,000. The estimated service life is 10 years with a $25,000 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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$33,309.
$9,409.
$8,273.
$29,978.
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