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On XXX , 2 0 1 9 , Xenex Innovations purchased computer equipment for $ x x x . The equipment will be used in
On XXX Xenex Innovations purchased computer equipment for $ The equipment will be used in research and development activities for years or a total of XXX hours and then sold for about $XXX Prepare a schedule with headings as shown below. Calculate depreciation and carrying amounts for each year
the equipment's life for each method depreciation. Xenex's yearend December
tableCost$table Bonus mark for usingan Excel formula tocalculate this bonusmark for formatting itas month forexample: years,Selling price,$tableUseful lifeCompanys year endtablePurchase date,Fraction of year,,,,a Straight Line marksYearDepreciable Amount,Depreciation Rate,,Depreciation Expense$$
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