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Take me to the text On March 1, 2016, Jefferson Consulting purchased new computers for $16,000. The computers are expected to last 3 years
Take me to the text On March 1, 2016, Jefferson Consulting purchased new computers for $16,000. The computers are expected to last 3 years and will have an estimated residual value of $1,000. Jefferson Consulting has a December 31 year end. 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 2016 2017 2018 2019 Check Note: The "check" button does not submit your attempt. To submit the attempt, go to the end of the quiz and click on the "submit all and finish" button.
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