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Straight Line Inventory Method LCBO purchased a large HVAC equipment for $51,000 on January 1, 2015. The machine is assumed to have a residual value

Straight Line Inventory Method

LCBO purchased a large HVAC equipment for $51,000 on January 1, 2015. The machine is assumed to have a residual value of $6,000 at the end of its 5 year useful life.

Write the table for the Depreciation Schedule.

Question: What is the accumulated depreciation at the end of 2017?

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