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Required information The following information applles to the questions displayed below] Quick Copy purchased a new copy machine. The new machine cost $112,000 including installation.

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Required information The following information applles to the questions displayed below] Quick Copy purchased a new copy machine. The new machine cost $112,000 including installation. The company estimates the equipment will have a residual value of $28,000. Quick Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: Mequired: 1. Prepare a depreciation schedule for four years using the straight line methed. (Do not round your intermediate calculatiens.)

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