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Saved Help Required Information [The following information applies to the questions displayed below.) At the beginning of Year 1. Copland Drugstore purchased a new computer

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Saved Help Required Information [The following information applies to the questions displayed below.) At the beginning of Year 1. Copland Drugstore purchased a new computer system for 190,000. It is expected to have a five-year life and a $30,000 salvage value. c. Prepare the journal entries to recognize depreciation for each of the five years, assuming that the company uses ) Straight-line depreciation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 Record-depreciation expense. Nota: Enter debits before credits General Journal Dato Yt. 1 Debit Credit

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