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The equipment cost $204,800 and has a useful life of 8 years. The estimated residual value is $24,000 and the equipment is estimated to
The equipment cost $204,800 and has a useful life of 8 years. The estimated residual value is $24,000 and the equipment is estimated to produce 1,100 broomsticks. The actual number of broomsticks produced each year is given in the table below: Year Broomsticks Produced 1 165 2 220 165 3 4 143 5 132 6 110 7 110 55 8 9 0 10 0 1. Input your answers into the depreciation schedules below: There may be more rows in the tables than you need. If so, leave them blank. Straight Line Depreciation End of Year Depreciation Expense Accumulated Depreciation Book Value Year 1 2 3 4 5 6 7 8 9 10
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