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Servco purchased a color copier on January 1, 2020 for $80,000. The copier has an estimated life of 5 years or 1,500,000 copies. There

Servco purchased a color copier on January 1, 2020 for $80,000. The copier has an estimated life of 5 years or 1,500,000 copies. There is no salvage value. Calculate the amount of depreciation to be recorded only for 2022, using the straight-line method-calculate the amount and make the journal entry in good form.

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