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please asap 7 Tanner Company purchased a building cuning 2021 for $600,000. Frem 2021 2023. $200,000 of depreciation was recorded the current net for value
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7 Tanner Company purchased a building cuning 2021 for $600,000. Frem 2021 2023. $200,000 of depreciation was recorded the current net for value 15 $350,000 and the value in use a $400,000. The amount of impairment that thould be recognized 1 Multiple Choice (4 Points) O A $40,000 B$30,000 O C 520,000 DO $0 8 Ferrott Company purchased a machine that was installed and placed in service on January 1, 2021, at a total cost of $480.000 Salvage value was estimated at $80.000. The machine is being depreciated over eight years by the double declining balance method for the year 2023, Ferrott should tecord depreciation expense of Murple Choice ( Points) D A $90,000 08567,500 05120.000 O 03412.500 Step by Step Solution
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