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The Aloha Company purchases a machine on 1/1/21. Details include: Assume Straight-Line Depreciation. Indicate the following amounts The Aloha Company purchases a machine on 1/1/21.
The Aloha Company purchases a machine on 1/1/21. Details include: Cost Salvage value Estimated life Estimated units to be provided $28,000 $8,000 8 years 40,000 Assume Straight-Line Depreciation. Indicate the following amounts: a. b. c. d. e. 2023 Depreciation Expense $2,500 2023 Depreciation Expense $2,500 2023 Depreciation Expense $3,000 2023 Depreciation Expense $3,500 2023 Depreciation Expense $3,500 12/31/23 Accumulated Depreciation $5,000 12/31/23 Accumulated Depreciation $7 ,500 12/31/23 Accumulated Depreciation $9,000 12/31/23 Accumulated Depreciation $10,500 12/31/23 Accumulated Depreciation $7,000
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