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swifty company uses special strapping equipment in its packaging business. the equipment was purchased in january 2 0 1 9 for $ 1 0 ,

swifty company uses special strapping equipment in its packaging business. the equipment was purchased in january 2019 for $10,200,000 and had an estimated useful life of 8 years with no salvage value prepare any journal entries for the equipment at december 31,2021

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