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Pine Company had the following assets on January 1, 2017. Item Cost Purchase Date Useful Life (in years) Salvage Value Machinery$71,000 Jan. 1, 2007 10

Pine Company had the following assets on January 1, 2017. Item Cost Purchase Date Useful Life (in years) Salvage Value Machinery$71,000 Jan. 1, 2007 10 $ -0- Forklift30,000 Jan. 1, 2014 5 -0- Truck33,...

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