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Steven's Lumber Mill sold two pieces of equipment in 2022. The following information pertains to the two pieces of equipment: Machine Cost Purchase Date Useful
Steven's Lumber Mill sold two pieces of equipment in 2022. The following information pertains to the two pieces of equipment: Machine Cost Purchase Date Useful Life Salvage Value Depreciation Method Date Sold Sales Price #1 $141.900 7/1/18 5 yes $9.900 Straight-line 7/1/22 $33,000 #2 $156,750 1/1/21 Sys Double- $8,250 declining- balance 12/31 22 $61,050 a Compute the depreciation on each piece of equipment to the date of disposal Machine #1 Annual Depreciation Accumulated Depreciation 20 Senter a dollar amount to record Annual Senter a dollar amount to record Layout References Mailings Review View Help SEALT A A A A * A-D-A- AaBbcc 1 Normal Aabbccc AaBbc AaBbce No Spac. Heading 1 Heading 2 Paragraph Styles Compute the depreciation on each piece of equipment to the date of disposal. Machine #1 Annual Depreciation Accumulated Depreciation Senter a dollar amount to record Annual Depreciation of Machine 11 Senter a dollar amount to record Accumulated Depreciation of Machine enter a dollar amount to record Annual enter a dollar amount to record Accumulated Depreciation of Machine 1 Depreciation of Machine 1 enter a dollar amount to record Annual enter a dollar amount to record Accumulated Depreciation of Machine 1 Depreciation of Machine 11 enter a dollar amount to record Annual enter a dollar amount to record Accumulated Depreciation of Machine 1 Depreciation of Machine i enter a dollar amount to record Annual Depreciation of Machine 1 enter a dollar amount to record Accumulated Depreciation of Machine I focu
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