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PLS ANSWER AS SOON AS POSSIBLE I WILL RATE U THUMBS UP On January 1, 2014, Shan Company purchased for 64,320,000 paper-making equipment having an
PLS ANSWER AS SOON AS POSSIBLE I WILL RATE U THUMBS UP On January 1, 2014, Shan Company purchased for 64,320,000 paper-making equipment having an estimated wetu Ide of 10 years with an estimated residual value of C120,000. Depreciation is taken for the portion at the year the sot used. Instructions Determine the depreciation expense for 2014 using the 1. Double-decining balance method
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