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the breakfast company purchases equipmwnt for 168,000. management estimstes that the equipment will have a useful life of seven years and no savage value. calculate

the breakfast company purchases equipmwnt for 168,000. management estimstes that the equipment will have a useful life of seven years and no savage value. calculate depreciation expense and book value for the equipment of the first quater (in year one) using straight line method of depreciation.
depreciation expense
book value

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