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The company pursued machine for 110 thousand $ and expected to used for for five years and the residents or salvage value is 10 thousand

The company pursued machine for 110 thousand $ and expected to used for for five years and the residents or salvage value is 10 thousand $. 

requirement ;

1- calculate the depreciation with using street line method.

 

2- show the afflict of depression on income statement and balance sheet for the first year and third year. 

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