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Skye High is in constructing high-rise buildings in midtown. On January 1, 2021, Skye High purchased special equipment for $382,200. The equipment is expected to
Skye High is in constructing high-rise buildings in midtown. On January 1, 2021, Skye High purchased special equipment for $382,200. The equipment is expected to last 5 years and will have no residual value. Skye High has a December 31 year end and calculates depreciation based on the number of months the asset is owned. Required Prepare the table below showing the yearly depreciation, accumulated depreciation, and net book value of the equipment. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. Year Original Cost of Equipment Depreciation Expense Accumulated Depreciation Net Book Value 2021 Answer Answer Answer Answer 2022 Answer Answer Answer Answer 2023 Answer Answer Answer Answer 2024 Answer Answer Answer Answer 2025
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