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Skysong SE purchased machinery on January 1, 2022, for 72,000. The machinery is estimated to have a residual value of 7,200 after a useful life
Skysong SE purchased machinery on January 1, 2022, for 72,000. The machinery is estimated to have a residual value of 7,200 after a useful life of 8 years. (a) Compute 2022 depreciation expense using the sum-of-the-years'-digits method
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