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Pina Colada Corporation purchased a new plant asset on April 1, 2020, at a cost of $852,000. It was estimated to have a useful life

Pina Colada Corporation purchased a new plant asset on April 1, 2020, at a cost of $852,000. It was estimated to have a useful life of 20 years and a residual value of $372,000, a physical life of 30 ...

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