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Pincer Company uses the declining balance depreciation method. It buys a machine for $ 1 0 9 , 6 0 0 that has an unknown
Pincer Company uses the declining balance depreciation method. It buys a machine for $ that has an unknown salvage value and applies a rate. The machine stays in service for full years and is sold for $ on the first day of year Round all answers to the nearest dollar no cents
Required : What depreciation expense will Pincer record in year $
Required : What depreciation expense will Pincer record in year $
Required : What accumulated depreciation will Pincer Co report at the end of year $
Required : What accumulated depreciation will Pincer Co report at the end of year $
Required : What is the net book value of the machine that Pincer Co reports at the end of year $
Required : What is the net book value of the machine that Pincer Co reports at the end of year provided the selling price is already known? $
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