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Pedro Company has $ 1 8 8 , 5 0 0 of machinery being depreciated over 5 years. There is no estimable residual value after
Pedro Company has $ of machinery being depreciated over years. There is no estimable residual value after that. After taking years depreciation, Pedro realizes the equipment is clearly going to last another years and the estimated residual value remains unchanged.
Required : What depreciation expense will Pedro record in year when using the straight line method? $
Required : What depreciation expense will Pedro record in year when using the straight line method? $
Required : What depreciation expense will Pedro record in year when using the declining balance method? $
Required : What depreciation expense will Pedro record in year when using the declining balance method? $
Required : What depreciation expense will Pedro record in year when using the double declining balance method? $
Required : What depreciation expense will Pedro record in year when using the double declining balance method? $
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