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! Required information [ The following information applies to the questions displayed below. ] On January 1 , the Matthews Band pays $ 6 6
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The following information applies to the questions displayed below.
On January the Matthews Band pays $ for sound equipment. The band estimates it will use this equipment for fout years and perform concerts. It estimates that after four years it can sell the equipment for $ During the first year, the band performs concerts.
Compute the firstyear depreciation using the unitsofproduction method.
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