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Please show work. Thanks 9. On January 2, 2017, the Matthews Band acquires sound equipment for concert performances at a cost of $67,400. The band
Please show work. Thanks
9. On January 2, 2017, the Matthews Band acquires sound equipment for concert performances at a cost of $67,400. The band estimates it will use this equipment for four years, during which time it anticipates performing about 200 concerts. It estimates that after four years it can sell the equipment for S2,000. During year 2017, the band performs 45 concerts. Compute and record the year 2017 depreciation using DOUBLE-DECLINING BALANCEStep by Step Solution
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